Wednesday, April 06, 2005

Senate Eying Charitable Scams - April 6, 2005 - The New York Sun

Senate Eying Charitable Scams - April 6, 2005 - The New York Sun: "Senate Eying Charitable Scams
BY LUIZA Ch. SAVAGE - Staff Reporter of the Sun
April 6, 2005

WASHINGTON - Reports of elaborate schemes by charities and nonprofit organizations to avoid paying taxes have senators redoubling calls for stronger regulation of the charitable sector.
In one example, drawing the outrage of lawmakers at a Senate Finance Committee hearing, wealthy big-game hunters have reportedly been offsetting the costs of their safaris by donating mounted heads of exotic animals to a Nebraska museum and claiming tax deductions as large as $10,000, or 10 times the market value of the trophies."

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