AFP Blog: Legislation, Government Relations and Related Topics

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Thursday, June 23, 2005

Reuters AlertNet - U.S. needs tougher charity tax laws-advisory panel

Reuters AlertNet - U.S. needs tougher charity tax laws-advisory panel: ".S. needs tougher charity tax laws-advisory panel
22 Jun 2005 21:22:42 GMT

Source: Reuters

Background CRISIS PROFILE: Afghanistan still the �sick man� of Asia

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WASHINGTON, June 22 (Reuters) - Congress should require U.S. charities to improve transparency by hiring outside accountants, filing electronic government information returns and disclosing executive compensation more clearly, an advisory panel said on Wednesday.
The Panel on the Nonprofit Sector, made up of charitable group leaders, is advising the Senate Finance Committee as it prepares to draft the first major overhaul of tax laws governing charity since 1969."

Thursday, June 23, 2005

Reuters AlertNet - U.S. needs tougher charity tax laws-advisory panel

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