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Deductibles Tax Exempt Entities

Morgan Lewis

IRS Consolidates Guidance on Deductibility, Reliance Issues for Grantors and Contributors

Morgan Lewis on

The US Internal Revenue Service recently consolidated its guidance on deductibility and reliance issues for grantors and contributors. Rev. Proc. 2018-32 combines the safe harbors previously provided in Rev. Procs. 81-6,...more

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