May 22, 2014
POLITICAL SPEECH IS THE ONLY SPEECH THAT HAS TO BE TAX EXEMPT:
Proposed Rules on Tax-Exempt Groups Face Revision (John D. McKinnon, 5/22/14, WSJ)
The Obama administration on Thursday said it would likely revise a proposal to tighten rules on political activity by tax-exempt groups, following an outpouring of negative public reaction to a plan released late last year. [...]"Given the diversity of views expressed and the volume of substantive input, we have concluded that it would be more efficient and useful to hold a public hearing after we publish the revised proposed regulation," the IRS said. "Treasury and the IRS remain committed to providing updated standards for tax-exemption that are fair, clear, and easier to administer."
Posted by Orrin Judd at May 22, 2014 5:44 PM