Thune, Cardin Urge IRS to Prevent Organizations From Obtaining Tax Write-Offs for NIL Contributions
August 01, 2023
August 01, 2023
WASHINGTON, Aug. 1 -- Sen. John Thune, R-South Dakota, issued the following news release and letter on July 31, 2023:
U.S. Sens. John Thune (R-S.D.), ranking member of the Subcommittee on Taxation and Internal Revenue Service (IRS) Oversight, and Ben Cardin (D-Md.), a member of the Subcommittee on Taxation and IRS Oversight, today requested that the IRS and the U.S. Department of the Treasury strengthen their recent general legal advice memorandum (GLAM) on the tax-exempt status of . . .
U.S. Sens. John Thune (R-S.D.), ranking member of the Subcommittee on Taxation and Internal Revenue Service (IRS) Oversight, and Ben Cardin (D-Md.), a member of the Subcommittee on Taxation and IRS Oversight, today requested that the IRS and the U.S. Department of the Treasury strengthen their recent general legal advice memorandum (GLAM) on the tax-exempt status of . . .