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- The U.S. Science and Engineering Workforce: Recent, Current, and Projected Employment, Wages, and Unemployment -- Click to view this document
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501(c)(4)s and the Gift Tax: Legal Analysis
Recent media reports of donors contributing substantial amounts to tax-exempt 501(c)(4) organizations have led some to ask whether these donations are subject to the federal gift tax. The short answer is that the gift tax statutes do not contain an exemption for these donations, thus indicating they are subject to tax. While some have argued that Congress did not intend this result, there is arguably insufficient evidence of such intent. As such, it appears the stronger argument is that contributions to 501(c)(4) groups are statutorily subject to the gift tax.
This package includes following files:
| # | File Name | Document Date | Order ID: | Number of Pages | Price | |
|---|---|---|---|---|---|---|
| 1 |
R42655.pdf
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Aug 10, 2012 | R42655 | 10 | $29.95 | Add to Cart |
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