“IRS may broaden rule to police political nonprofits”

Politico Pro with a big story (albeit behind the paywall):

The IRS may broaden a looming controversial rule to police political nonprofits to include political parties and political action committees, the IRS chief said Wednesday.

IRS Commissioner John Koskinen said the agency may expand a yet-to-be-released rule governing 501(c)(4), “social welfare” groups, to include political groups known as 527s, which focus on elections. It could require them both — as well as other types of tax-exempt groups — to operate under the same definition of “political activity.”

It is really hard to assess the implications of all of this without seeing a draft rule.

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