Club's Oil Profits Negated Tax-Exempt Status, Tax Court Finds
By Molly Moses · October 29, 2026, 6:10 PM EDT
A Pennsylvania sports club deserved to have its nonprofit status revoked because the royalties it received from its leasing arrangement with an oil drilling company from 2017-2023 made up more than...
To view the full article, register now.
Try a seven day FREE Trial
Already a subscriber? Click here to login