Richard Spencer's white nationalist group loses tax exempt status as the IRS investigates Trump ties
Source: Raw Story
The nonprofit run by one of America's most prominent white nationalists, Richard Spencer, has lost its tax-exempt status for failing to file tax returns with the federal government, according to IRS records.
An inquiry by the Los Angeles Times also raised questions about whether Spencer had properly filed paperwork allowing the National Policy Institute to raise funds in Virginia, its primary place of business, and whether Spencer, a Donald Trump supporter, had flouted federal rules that forbid nonprofits from supporting or opposing political candidates.
On Monday, Spencer said an IRS error led him to believe his group was not required to file federal tax returns, and said he would appeal the loss of his tax-exempt status.
"I don't know what to say. I don't want to make a comment because I don't understand this stuff," Spencer said in a telephone interview. "It's a bit embarrassing, but it's not good. We'll figure it out."
Read more: http://www.rawstory.com/2017/03/richard-spencers-white-nationalist-group-loses-tax-exempt-status-as-the-irs-investigates-trump-ties/
ck4829
(35,071 posts)Bernardo de La Paz
(49,001 posts)Lucky Luciano
(11,254 posts)Eugene
(61,881 posts)If you knew how to register as a nonprofit, you knew what the rules were.
As the article notes, a mistake in your favor by the IRS is not an excuse.
Of course, he can always call on Trump & Co. to neuter the IRS.
DK504
(3,847 posts)IronLionZion
(45,435 posts)or punish them somehow, fire their leadership in retaliation.
There's no secret that Trump and Bannon are promoting white nationalism
Mc Mike
(9,114 posts)Could you explain the significance of that nifty froggy pin on your lapel?