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Advocacy Blog
Wednesday, May 10, 2006
IRS Warns Nonprofits at ABA Meeting: FEC Is Not Safe Harbor
Cathy Livingston,assistant chief counsel in IRS's Tax-Exempt and Government Entities Division, warned organizations hoping to stay abreast of Internal Revenue Service guidelines on political intervention in campaign activity should not rely on Federal Election Commission rules as a safe harbor.
"We only have jurisdiction under the Inernal Revenue Code," Livingston said May 5 at an American Bar Association Section of Taxation meeting. "There's nothing that Congress has ever said about being in compliance with the FEC law that means you can't be touched by the Internal Revenue Code."
More at BNA
Posted by Jennifer Lowe
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