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

Por: Fox News Politics June 10, 2023

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Rep. John Garamendi is demanding the Justice Department investigate the merger of the while proposing legislation to strip the organization of its tax-exempt status. Garamendi, D-Calif., rolled out legislation this week called the No Corporate Tax Exemption for Professional Sports Act, after what the congressman called the Saudi Sovereign Wealth Fund’s surprise takeover of the PGA. That legislation would end the tax loophole that the PGA Tour... + full article



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