...but hey, do what you want...you will anyway.Some nonprofit groups will no longer have to give the IRS the names of donors who give them $5,000 or more.
Among the groups that will no longer have to report donors are the National Rifle Association, various chambers of commerce, and groups focused on particular issues, such as Americans for Prosperity, which has been closely associated with the Koch brothers. But the ruling also applies to groups like the NAACP, labor unions and volunteer fire departments.
It was a long-sought goal of some of those groups -- particularly on the right.
[...]
Nonprofit groups that receive tax-deductible donations, such as charities, will still have to report the names of their larger donors. That information is useful to the IRS in making sure that taxpayers are not reporting bogus contributions. But the IRS said it was not doing anything with the name of donors to other nonprofits.
[...]
Critics say the rules could make it easier for politically active nonprofits to conceal foreign contributions, which are not allowed under election laws.
CNN
Monday, July 23, 2018
Changing the laws to protect Trump & the GOP
Labels:
campaign finance,
NRA
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