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Insight
Matters
Winter, 2004
Important
Tax Information for OPA Members
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 2004 OPA dues paid, it has been estimated that 13 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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