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Insight
Matters
Winter, 2002
Tax
Information
The
Revenue Reconciliation Act of 1993 has ruled that dues paid
to associations are non-deductible to the extent of the association's
lobbying expenditures.
For
2002 OPA dues paid, it has been estimated that 11 percent will
be allocated for lobbying and related activities and therefore
not deductible as a business expense.
Please
consult your tax accountant for further information.
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