A new station in Indianapolis, Fox 59, has recently released a story regarding the upcoming Super Bowl and whether state and federal tax will be collected as a result of the various revenue raisers during the weekend.  The NFL is a nonprofit association, so it will enjoy tax-free status on its sales and purchases while in Indianapolis.  In addition, according to a directive from the State Department of Revenue, such purchases and sales are also exempt from state and county excise taxes, gasoline or motor fuel tax, special fuel tax, auto rental excise tax, county auto rental excise tax, county food and beverage tax, innkeeper’s tax, and county admissions tax.

The article can be found at:  http://www.fox59.com/news/wxin-nfl-revenue-nfl-to-enjoy-huge-incentives-and-tax-exempt-status-20120126,0,1325045.column.

Tags: federal tax, Fox 59, Indianapolis, nonprofit, revenue, State Department of Revenue, Super Bowl, tax-free