NONPROFIT HEADACHES. Roll Call. “But if social welfare groups are now the vehicle of choice for political players intent on operating in the dark, such organizations may already be falling out of favor. The new ‘dark money’ flavors of the month may soon include 501(c)(6) trade associations, trusts, limited liability corporations, for-profit corporations set up […]
Category: IRS
Good morning, here are Monday’s political law links
IRS: LAWSUIT WITHDRAWN. The Hill. “A top House Democrat and campaign finance reform groups said Friday that they were pulling a lawsuit against the IRS, after the Treasury Department proposed new standards for how tax-exempt groups could dabble in politics.” FCPA: JPMORGAN ISSUES. The Times. “The S.E.C. and prosecutors are building their investigation around the […]
Tues. political law links
WOMBLE CARLYLE ALERT ON IRS PROPOSAL. Here. “As most of America travelled over the river and through the woods to Grandma’s house before the Thanksgiving holiday, the Treasury Department and the IRS delivered their own holiday gift.” POST ON IRS PROPOSAL. WP. “What’s not yet decided is the proportion of a social welfare group’s activity […]