You are looking at 1 - 1 of 1 items

  • Author or Editor: Evelyn Brody x
Clear All Modify Search
You do not have access to this content

Evelyn Brody

This chapter considers the tax treatment of not-for-profit organizations in the United States of Australia, which are a product of federalism, constitutional commitments, legislative complexity and political culture. The chapter considers the implications of the notorious decision of the United States Supreme Court in Citizens United v Federal Election Commission, which has allowed tax exempt funds to be applied for political campaigning purposes via not-for-profit vehicles that are not subject to disclosure laws. It also addresses some of the ways in which the Inland Revenue Service functions as a de facto regulator of the not-for-profit sector in the US notwithstanding its mandate to collect and preserve the revenue. The chapter concludes by emphasizing that in the US the goals of not-for-profit law and regulation risk becoming ‘collateral damage’ in broader tax reforms.