House Democrat calls for DOJ probe into Saudi-backed PGA-LIV merger, details bill ending tax benefit

Rep. John Garamendi is demanding the Justice Department investigate the merger of thewhile proposing legislation to strip the organization of its tax-exempt status.

Garamendi explained that a number of professional sports leagues had tax-exempt status for years, but have since relinquished that status.

Meanwhile, Garamendi said the PGA-LIV merger"creates an international monopoly in which they effectively control all professional golf, or nearly all professional golf." Garamendi pointed to the Foreign Corrupt Practices Act, in which a foreign government"uses a bribe to achieve a goal could be a financial goal, it could be a political goal."

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Mitch McConnell doesn't believe PGA Tour merger with Saudi-backed LIV Golf has 'governmental concern'Sen. Mitch McConnell has seen the historic merger between the PGA Tour and Saudi-backed LIV Golf, but he isn't concerned that governmental intervention will be needed.
منبع: FoxNews - 🏆 9. / 87 ادامه مطلب »

Golf's PGA Tour and LIV merger is the latest power play by Saudi ArabiaObservers say the PGA Tour and LIV merger is the Saudis’ latest attempt to flex their influence across a breadth of American institutions and mine economic opportunities in spite of tense relations with the West in recent years.
منبع: NBCNews - 🏆 10. / 86 ادامه مطلب »

9/11 victim family members ask Saudi officials for a meeting post LIV-PGA mergerThe request comes amid massive disappointment with the agreement between golf’s main two entities
منبع: politico - 🏆 381. / 59 ادامه مطلب »

Anonymous LIV exec calls Rory McIlroy a ‘little b–ch’ after PGA Tour mergerOne LIV Golf executive isn’t mincing words about PGA Tour loyalist Rory McIlroy.
منبع: nypost - 🏆 91. / 67 ادامه مطلب »

Bryson DeChambeau talks PGA Tour-LIV Golf merger, criticism from families of 9/11 victimsThe PGA Tour abruptly dropped its expensive fight with Saudi Arabia’s LIV Golf venture on Tuesday and instead announced a stunning merger that creates a...
منبع: dallasnews - 🏆 18. / 71 ادامه مطلب »