Calculating "in-house" lobbying expenses under IRS safe harbors.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on July 1, 1994. The length of the article is 910 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The regulations for the IRC section 162(e) disallowance of the lobbying expense deduction have failed to clarify treatment of in-house lobbying activities but have provided two safe harbors. While direct contact lobbying is clearly not deductible, the treatment of research, office and travel expenses remains unclear. The safe harbors define how to calculate nondeductible expenses based on the percentage of time that employees devote to lobbying activity. Additional regulations have identified activities not considered lobbying and how trade associations should allocate expenses.

Citation Details
Title: Calculating "in-house" lobbying expenses under IRS safe harbors.
Author: Mike Repass
Publication:The Tax Adviser (Magazine/Journal)
Date: July 1, 1994
Publisher: American Institute of CPA's
Volume: 25 Issue: n7 Page: 413(2)

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