Trevor Potter Comments on IRS Rule Change

05.27.2020
Bloomberg Government

Transparency advocates are looking for a legislative fix after the IRS approved a rule they say opens the door to allow politically active nonprofits to take foreign money to influence U.S. elections, without being detected.

“At a time when over $10 billion total is expected to be spent during this election season, the requirement that organizations (like the National Rifle Association) report their donors to the IRS was key to ensuring that the foreign-money ban on elections was enforced,” Campaign Legal Center President Trevor Potter said in a statement.

Trevor Potter is also a Member of the Political Law Group at Caplin & Drysdale, Chartered.

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