Thursday, November 03, 2011

Grassley Calls on Treasury to Close Supporting Org Pay-Out "Loophole" | Planned Giving Design Center

Grassley Calls on Treasury to Close Supporting Org Pay-Out "Loophole" | Planned Giving Design Center: n a letter to Treasury Secretary Timothy Geithner and IRS Commissioner Douglas Shulman, Senate Finance Committee member Charles Grassley, R-Iowa, has requested that Treasury complete its study on what he believes to be an exploitive tax loophole being perpetuated via the current pay-out rules for Type III supporting organizations.

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