Anchorage, Alaska – In a recent ruling, the U.S. Internal Revenue Service determined the Alaska Gasline Development Corporation (AGDC) qualifies as a tax-exempt political subdivision of the State of Alaska under new and more stringent proposed IRS regulations. “This is great news for the corporation and the Alaska LNG project,” stated AGDC President Keith Meyer. […]
During last week’s National Prayer Breakfast, President Donald Trump vowed to “totally destroy” the Johnson Amendment, a 62-year-old provision in the U.S. tax code that prevents certain tax-exempt organizations, secular and religious, from political campaigning. His remarks have sparked debate over the line between Church and State in America. The U.S. Internal Revenue Service (IRS) […]
