Treasury Moves to Protect Identities of "Dark Money" Donors
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by Axios | 7.17.18
Countable asks: Should politically active nonprofits be required to disclose their donors to the IRS? Hit Take Action to tell your reps, then share your thoughts below. (Via: Axios)
Politically active nonprofit groups no longer have to disclose their financial donors to the Internal Revenue Service tax authorities, a move that shields the privacy of wealthy “dark money” donors under new rules enacted by the Treasury Department, reports Reuters.
The details: Treasury Secretary Steven Mnuchin said the IRS doesn't need donors' names and addresses to carry out its duties, and that this policy change won't limit transparency. Conservatives see this as a major win for advancing free speech.
(Photo Credit: Chip Somodevilla/Getty Images)
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