This website uses cookies. For more information please contact us or consult our privacy policy.

Your binder contains too many pages, the maximum is 40.

We are unable to add this page to your binder, please try again later.

This page has been added to your binder.

Tax Court Rules for Boston Bruins in Case Involving Deductibility of Meal Costs

June 29, 2017, Covington Alert

In a case that could have wide-ranging effect across the sports industry and potentially beyond, the U.S. Tax Court ruled on June 26, 2017, that the Boston Bruins were allowed to deduct 100 percent of the costs of meals that they served to their players and other employees at hotels while traveling for road games. The IRS had argued that only 50 percent of those costs were deductible. Covington represented the Bruins and their owners, Jeremy and Margaret Jacobs, both in front of the IRS and in the Tax Court.

Share this article: