Under § 170(c) of the Internal Revenue Code of 1986 as amended (the “Code”), a U.S. taxpayer may only claim a deduction on his or her federal income tax return for contributions made to 501(c)(3) charitable organizations...more
The Government has Passed the Charities Act – Finally a Statutory Definition of Charity - Following public consultation in 2011 and earlier this year, the Federal Government passed the Charities Act 2013 (Act) and...more