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Tuesday, June 19, 2018

How Major League Teams Are Using Bobbleheads to Skirt Tax Laws

The Ohio Supreme Court heard arguments last Wednesday in a dispute over taxes on promotional items purchased by the Cincinnati Reds and offered to fans through promotional ticket packages. Ohio state law exempts companies from paying taxes on items they buy and resell, but the issue is whether promotional items like bobbleheads are being sold as part of a ticket package or given away in an effort to increase ticket sales. Simply put, if the team gives away bobbleheads, they pay tax. If they sell them with the ticket, they do not.

Bote Man Posted: June 19, 2018 at 08:05 PM | 20 comment(s)
  Beats: bobbleheads, money, screwing taxpayers, taxes

 

 

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