Welcome
Daily Tax Report ®

Democrats Ask Treasury To Probe Non-Profits Tied to Capitol Riot

Jan. 13, 2021, 8:45 PM

Democratic members of the House Ways and Means Committee are asking Treasury Secretary Steven Mnuchin to look into tax-exempt organizations that helped organize the protest-turned-violent-attack on Capitol Hill last week.

  • While the exact role these organizations played is yet unknown, “the insurrectionist activities witnessed last week, and the loss of life incident to these activities, are wholly contrary to any permissible tax-exempt purpose,” said lawmakers in a letter sent to Mnuchin on Wednesday
  • Separately, the lawmakers ask the agency to issue guidance clarifying what activities are permissible and whether any actions or investigations may be appropriate
  • Related: Defiant Trump Tries...

To read the full article log in. To learn more about a subscription click here.