U.S. Senate Finance Committee leaders Ron Wyden (D-OR.) has announced the introduction of two bills that would revoke the tax exemption for the PGA Tour and the special tax break for the Saudi Public Investment Fund, the Sports League Tax-Exempt Status Limitation Act and the Ending Tax Breaks for Massive Sovereign Wealth Funds Act.

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Wyden Introduces Bills Revoking PGA Tour's Tax Exemptio…