msm96wolf
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RE: Tax law changes for sports tix donations
(01-28-2018 05:47 PM)OsageJ Wrote: It cost me 300 dollars a year to buy my seats. 75 bucks a seat. We have seats that cost considerably more to buy. Not only that but stAte is currently building more premium seats with a higher licence. That will have to be rethought (if that's a word) on how to charge for those seats. We usually know by now on our ticket prices. Haven't heard a peep yet. Like Tom I think the P5' s will be hit harder just because they have more seats. I bet they figure it out though.
It will be interesting. NCSU did Life Time Rights (Similar to PSL) back in the late 90's and did similar campaigns. The majority of them were bought, it has been parking that has driven the need for donations. I already have seen one loophole, allowing people to keep their seats at the ticket prices but base the parking on donations. The law really didn't cover that. As stated earlier, many schools encouraged donors to donate for 2018 in 2017. Get the tax write off now and it gives the schools until 2019 to find loopholes in the law. One thing I imagine many P5s schools are already looking into.
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01-28-2018 10:39 PM |
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