News & Analysis as of

Internal Revenue Code (IRC) Public Policy

Frost Brown Todd

TEFRA Approvals: Considerations for Officeholders When Approving Private Activity Bonds

Frost Brown Todd on

New officeholders often ask us to clarify their responsibilities when it comes to public approval of bonds and the consequences for states and their political subdivisions when they approve bonds as tax-exempt. What follows...more

Rivkin Radler LLP

Activities Contrary to Public Policy – Revoking the Tax Exempt Status of Universities

Rivkin Radler LLP on

It appears that many of the country’s colleges and universities believe they have not already contributed enough to the decline of American education and to the erosion of our society, generally. These institutions of...more

Skadden, Arps, Slate, Meagher & Flom LLP

Complying With the Rules Governing 501(c)(4) Organizations: Key Issues

Nonprofits organized under Section 501(c)(4) of the Internal Revenue Code (IRC) play an ever-growing role in politics and public policy advocacy. These 501(c)(4) organizations may accept unlimited corporate and personal...more

Allen Matkins

Court Declines To Declare “S” Corporation Shareholders’ Agreement Unenforceable

Allen Matkins on

In general, shareholders of a corporation that has elected to be taxed under Subchapter S of the Internal Revenue Code are taxed on corporate profits regardless of whether the corporation makes any distribution of those...more

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