EO Tax Journal

I have been joking about the frequent bar quips to end EO Committee meetings, and have even suggested members bring their own doctored water bottles — and now I find this time-honored practice is even favored by royalty:

“The royal family is not without its quirks. When Prince Charles and Camilla, Duchess of Cornwall, came to visit us, they requested glasses of ice before we began a long receiving line. The staff dutifully produced them, and the prince removed a flask from his pocket and added to each a small splash of what I presume was straight gin, so that they might be fortified before the hour or more of shaking hands.”

Excerpt from Spoken from the Heart, by Laura Bush

Good news of two sorts today. One, if you don’t care about section 501(c)(6), you can skip today’s email. Two, if you do care about section 501(c)(6), you should find today’sBluetooth case of interest.

I’ve never considered myself a (c)(6) expert, but I have to wonder why Bluetooth appealed. It seemed to me that the district court had pretty much knocked down all of Bluetooth’s arguments. Of course I’m still wondering why VSP is still litigating. And I guess we shouldn’t be surprised if Free Fertility Foundation also decides to appeal. Maybe a recent comment by a baseball player explains the motivation: “I may strike out a lot but if I connect, it’s a home run.” I suppose hope springs eternal. Continue…

1 – Tax Court Decision in Free Fertility Foundation

2 - IRS Provides Information on Treatment of LLC whose Sole Member is a Tax-exempt Public Charity
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Will the VSP litigation ever end? Probably not. As noted in the most recent installment of this long-running soap opera (see below), “this litigation has the look and feel of VSP trying to get a second chance at tax-exempt status.” Does anyone doubt that VSP will appeal its latest setback?

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1 – Cert Granted in Mayo Case

2 – Did This Case Get Cert, Too?
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Something for everyone today.

1 – Pablo Eisenberg Weighs In on Compensation Debate

2 – IRS Seeks Comments on New Section 501(r)

3 – TE/GE Advisory Committee to Meet on June 9

4 – Weekend “Religious” Reading Continue…