“CRS Reviews Application of Gift Tax To Contributions to 501(c)(4) Organizations”

Bloomberg BNA: “The treatment of contributions to organizations exempt from tax under tax code Section 501(c)(4) is complicated by the Internal Revenue Service’s lack of enforcement of its policy on the contributions and the possible exemption of contributions that are made for advocacy-related purposes, according to a Congressional Research Service report released Aug. 13.”

If anyone has a link to the CRS report please send it along.

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