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 at May 22, 2014 5:44 PM
  
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