Ways & Means Republicans Call for Rigorous Oversight of U.S. Tax-Exempt Organizations With Suspected Ties to Chinese Communist Party
April 25, 2024
April 25, 2024
WASHINGTON, April 25 -- Rep. Jason Smith, R-Missouri, chairman of the House Ways and Means Committee, issued the following news release:
Reports indicate that individuals associated with organizations enjoying generous tax benefits under the U.S. tax code have direct ties to and may be under the influence of America's foreign adversaries - including China. In a letter to Internal Revenue Service (IRS) Commissioner Daniel Werfel, led by Ways and Means Committee Chairman Jason Smith ( . . .
Reports indicate that individuals associated with organizations enjoying generous tax benefits under the U.S. tax code have direct ties to and may be under the influence of America's foreign adversaries - including China. In a letter to Internal Revenue Service (IRS) Commissioner Daniel Werfel, led by Ways and Means Committee Chairman Jason Smith ( . . .