IRS Administration of Tax Laws Relating to Lobbying: Hearings Before a Subcommittee of the Committee on Government Operations, House of Representatives, Ninety-fifth Congress, Second Session, Part 1 |
From inside the book
Results 1-5 of 99
Page 12
... response was at the time both troubling and encouraging . The absence of specific guidelines for auditing adver- tising expenses and IRS failure to know the extent to which there was noncompliance with section 162 ( e ) ( 2 ) caused ...
... response was at the time both troubling and encouraging . The absence of specific guidelines for auditing adver- tising expenses and IRS failure to know the extent to which there was noncompliance with section 162 ( e ) ( 2 ) caused ...
Page 13
... response to the GAO , the IRS Com- missioner wrote the GAO on May 8 , 1976 , and stated : You may be interested to note that Senator Philip A. Hart conducted a study regarding the political energy advertising of major oil companies ...
... response to the GAO , the IRS Com- missioner wrote the GAO on May 8 , 1976 , and stated : You may be interested to note that Senator Philip A. Hart conducted a study regarding the political energy advertising of major oil companies ...
Page 14
... response was shocking . It admitted that on December 31 , 1974 , it forwarded 99 ads to its field offices for investigation . Yet de- spite the paramount interest in this matter , the IRS admitted that since it " does not normally track ...
... response was shocking . It admitted that on December 31 , 1974 , it forwarded 99 ads to its field offices for investigation . Yet de- spite the paramount interest in this matter , the IRS admitted that since it " does not normally track ...
Page 21
... Response " are considered nondeductible ; yet other businesses still seem to have a misconception as to the inclusion of employees within the grassroots lobbying category . For example , National Steel Corp. told the subcommittee that ...
... Response " are considered nondeductible ; yet other businesses still seem to have a misconception as to the inclusion of employees within the grassroots lobbying category . For example , National Steel Corp. told the subcommittee that ...
Page 36
... response is that the Supreme Court has traditionally recog- nized that the news media performs a unique function . When you are dealing with broadcasting , as I said , there are affirma- tive obligations beyond the first amendment ...
... response is that the Supreme Court has traditionally recog- nized that the news media performs a unique function . When you are dealing with broadcasting , as I said , there are affirma- tive obligations beyond the first amendment ...
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Common terms and phrases
Abbott Abbott Laboratories amendment American amount asked attempt to influence audit Bellotti bill business expense campaigns claims CLARENCE BROWN coal Committee communications Congress Congressional consumer corporate cost Court doctor dollars DRINAN dues earnings Electric employees energy example Exhibit expenditures FANT Federal funds GARRY BROWN grassroots advertising grassroots lobbying groups hospital income tax increased industry Internal Revenue Code Internal Revenue Service involved issues legislative matters letter LEVITAS liability lobbying activities lobbying expenses malpractice medical malpractice million Mobil National natural gas nondeductible nuclear power oil companies organizations percent political problem product liability proposed question questionnaire referendum regulations representational activities Revenue Ruling ROSENTHAL SCHMERTZ Section 162 Senator Service Sethi shareholders SHULMAN specific Steel Subcommittee tax deduction tax return taxpayers tion trade associations utility Washington WNBC-TV
Popular passages
Page 986 - ... traveling expenses (including the entire amount expended for meals and lodging) while away from home in the pursuit of a trade or business; and rentals or other payments required to be made as a condition to the continued use or possession, for purposes of the trade or business, of property to which the taxpayer has not taken or is not taking title or in which he has no equity...
Page 986 - Trade or business expenses — (a) in general. There shall be allowed as a deduction all the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including — (1) A reasonable allowance for salaries or other compensation for personal services actually rendered...
Page 44 - States, or a political subdivision of any of the foregoing with respect to legislation or proposed legislation of direct interest to the taxpayer, or (B) In direct connection with communication of information between the taxpayer and an organization of which he Is a member with respect to legislation or proposed legislation of direct interest to the taxpayer...
Page 66 - This account shall include expenditures for the purpose of influencing public opinion with respect to the election or appointment of public officials, referenda, legislation, or ordinances (either with respect to the possible adoption of new referenda, legislation or ordinances or repeal or modification of existing referenda, legislation or ordinances) or approval, modification, or revocation of franchises; or for the purpose of influencing the decisions of public officials...
Page 369 - House resolution authorizing the investigation of "all lobbying activities intended to influence, encourage, promote or retard legislation." It did so because ". . . the power to inquire into all efforts of private individuals to influence public opinion through books and periodicals, however remote the radiations of influence which they may exert upon the ultimate legislative process, raises doubts of the constitutionality in view of the prohibitions of the First Amendment.
Page 300 - Amendment; it presupposes that right conclusions are more likely to be gathered out of a multitude of tongues, than through any kind of authoritative selection. To many this is, and always will be, folly; but we have staked upon it our all (US v.
Page 979 - Contacts, or urges the public to contact, members of a legislative body for the purpose of proposing, supporting, or opposing legislation; or (b) Advocates the adoption or rejection of legislation.
Page 339 - A corporation is an artificial being, invisible, intangible, and existing only in contemplation of law. Being the mere creature of law, it possesses only those properties which the charter of its creation confers upon it, either expressly, or as incidental to its very existence.
Page 988 - An Act to supplement existing laws against unlawful restraints and monopolies, and for other purposes...
Page 980 - State or local sales tax" means a tax imposed by a state, a territory, a possession of the United States, or a political subdivision of any of the foregoing, or by the District of Columbia...