NRA Could Lose Tax-Exempt Status Over Shady Business Practices, Report Says - News Summed Up

NRA Could Lose Tax-Exempt Status Over Shady Business Practices, Report Says


Reporter Mike Spies viewed internal documents and state filings for his story, published Wednesday. Tax filings for 2017 reveal that the NRA paid Ackerman McQueen more than $40 million that year. From Spies’ report:The NRA and Ackerman McQueen have become so intertwined that it is difficult to tell where one ends and the other begins. But this relationship, which in many ways has built the contemporary NRA, seems also to be largely responsible for the NRA’s dire financial state. Those facts, if confirmed, could lead to the revocation of the NRA’s tax-exempt status.”And without its tax-exempt status, the Trace report suggested, the NRA would “likely not survive.”On Thursday, Shannon Watts of Moms Demand Action announced that the gun safety group Everytown had filed a complaint with the Internal Revenue Service over the NRA’s tax-exempt status.


Source: Huffington Post April 19, 2019 17:03 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */