Chiefs owe almost a million back taxes....

[Chief Roundup]

https://www.kctv5.com/sports/kansas_city_chiefs/chiefs-owe-nearly-m-in-back-taxes-on-arrowhead-renovation/article_7646f356-2575-11e9-98ce-e38590ec92d1.html?fbclid=IwAR2gaYd0I6UcoGHotF6ru0Ue5clrSZP1hkdxu7OkU5qS5Obf4Z-GrklGsI0

KANSAS CITY, MO (AP) - A state panel has ruled that the Chiefs owe $930,000 in back tax plus interest on the decade-old Arrowhead Renovation.

The Kansas City Star reports that at issue was the team's argument that it didn't owe taxes on hundreds of items it bought to outfit the new Arrowhead. The Administrative Hearing Commission disagreed in its ruling Tuesday.

The case stems from a 2014 audit in which the Missouri Department of Revenue challenged sales tax exemptions on $23 million in purchases. The state auditor found that items such as leotards for cheerleaders and weight-lifting equipment didn't fall under the public purpose of fixing up the stadium.

The Chiefs' lead attorney says the team will likely appeal. The Missouri Department of Revenue has previously said it won't comment on pending litigation.

[Frosty]

That's a lot of back taxes.

[htismaqe]

That's a lot of back taxes.

It's a lot of purchases.

[mikeyis4dcats.]

yeah....good luck with that appeal.

[htismaqe]

yeah....good luck with that appeal.

Just delays payment, which is probably all they really want.

[Frosty]

It's a lot of purchases.

My comment will only be funny to me and I'm okay with it.

[tmax63]

https://www.kctv5.com/sports/kansas_city_chiefs/chiefs-owe-nearly-m-in-back-taxes-on-arrowhead-renovation/article_7646f356-2575-11e9-98ce-e38590ec92d1.html?fbclid=IwAR2gaYd0I6UcoGHotF6ru0Ue5clrSZP1hkdxu7OkU5qS5Obf4Z-GrklGsI0

KANSAS CITY, MO (AP) - A state panel has ruled that the Chiefs owe $930,000 in back tax on $23 million in purchases. The state auditor found that items such as leotards for cheerleaders and weight-lifting equipment didn't fall under the public purpose of fixing up the stadium.

That's some big-assed leotards for $23 million.

[Angry fan]

The NFL owners are fucking crooks. All of them!

[Buehler445]

Right... So another parking increase?

[DaFace]

I know that a million bucks is a million bucks, but it's kind of hilarious to think about this in the context of player salaries.

"Oh no! How will we afford guys like Frank Zombo next year?"

[CoMoChief]

"HAH!!!...That's nuthin".
-Al Sharpton-

[CoMoChief]

The NFL owners are fucking crooks. All of them!

You seem like an angry fan.

[TomBarndtsTwin]

I know that a million bucks is a million bucks, but it's kind of hilarious to think about this in the context of player salaries.

"Oh no! How will we afford guys like Frank Zombo next year?"

Yup. That and the fact that the NFL, as a whole, has made over $25 Billion dollars in revenues this year (and that’s before the Super Bowl).

A million dollars really is a drop in the bucket for any/all NFL owners.

[Gravedigger]

pfft Parking fees for the season should knock that out easy.

[mikeyis4dcats.]

Right... So another parking increase?


parking is set by and paid to Jackson County right?

[DMAC]

That should be peanuts to them.

[gblowfish]

Welp, looks like Tavia is gonna have to get a night gig in Dallas doing table dancing...

[dj56dt58]

pfft Parking fees for one game should knock that out easy.

Fyp

[Rain Man]

Clark probably keeps a million bucks in that little toll road coinage compartment of his car.

[Rain Man]

Oh, and I hope they confiscate those leotards during a game.

[JakeF]

That's a lot of back taxes.
Not for a business that brings in 40 million a year.

[Chief Roundup]

Yup. That and the fact that the NFL, as a whole, has made over $25 Billion dollars in revenues this year (and that’s before the Super Bowl).

A million dollars really is a drop in the bucket for any/all NFL owners.

The NFL made $15B this year. They hope to break the $25B mark by 2027.

[TomBarndtsTwin]

The NFL made $15B this year. They hope to break the $25B mark by 2027.

My bad. Saw an article in the Chicago Tribune that seemed to suggest the NFL reached $25 billion before the Super Bowl. The headline was misleading. Read the article and it said pretty much what you just said.

[Graystoke]

Chiefs are gonna need a bake sale to bridge that gap

[PunkinDrublic]

I’d say they owe the fans decades of refunds due to underperforming.

[cwhocares]

Since Clark Hunts net worth is around $2,000,000,000.00, he can probably just put it on his Mastercard.

[TinyEvel]

Oh man, I hope the state of Kansas doesn't look into my past purchases of landscaping bark before I put my house up for sale in 2016, I'll be fooked.

[ClarkGriswold]

Oh man, I hope the state of Kansas doesn't look into my past purchases of landscaping bark before I put my house up for sale in 2016, I'll be fooked.

ROFLROFLROFLROFLROFLROFLROFLROFLROFL