Source: http://www.law.cornell.edu/cfr/text/26/56.4911-1?quicktabs_7=1
Timestamp: 2013-12-13 06:33:05
Document Index: 275292430

Matched Legal Cases: ['art 56', '§ 56', '§ 56', '§ 56', '§ 56', '§ 56', '§ 4911', '§ 6060', '§ 6109', '§ 6695', '§ 7805']

26 CFR 56.4911-1 - Tax on excess lobbying expenditures. | Title 26 - Internal Revenue | Code of Federal Regulations | LII / Legal Information Institute
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26 CFR 56.4911-1 - Tax on excess lobbying expenditures.
Section 4911(a) imposes an excise tax of 25 percent on the excess lobbying expenditures (as defined in paragraph (b) of this section) for a taxable year of an organization for which the expenditure test election under section 501(h) is in effect (an “electing public charity”). An electing public charity's annual limit on expenditures for influencing legislation (i.e., the amount of lobbying expenditures on which no tax is due) is the lobbying nontaxable amount or, on expenditures for influencing legislation through grass roots lobbying, the grass roots nontaxable amount (see paragraph (c) of this section). For rules concerning the application of the excise tax imposed by section 4911(a) to the members of an affiliated group of organizations (as defined in § 56.4911-7(e) ), see § 56.4911-8.
(b) Excess lobbying expenditures.
(1) The amount by which the organization's lobbying expenditures (within the meaning of § 56.4911-2(a)) exceed the organization's lobbying nontaxable amount, or
(2) The amount by which the organization's grass roots expenditures (within the meaning of §§ 56.4911-2(a)) exceed the organization's grass roots nontaxable amount.
(c) Nontaxable amounts—
(1) Lobbying nontaxable amount.
(ii) To the extent of the electing public charity's exempt purpose expenditures (within the meaning of § 56.4911-4) for that year, the sum of 20 percent of the first $500,000 of such expenditures, plus 15 percent of the second $500,000 of such expenditures, plus 10 percent of the third $500,000 of such expenditures, plus 5 percent of the remainder of such expenditures.
(2) Grass roots nontaxable amount.
Title 26 published on 2013-04-01no entries appear in the Federal Register after this date. This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.United States CodeUSC: Title 26a§ 4911§ 6060§ 6109§ 6695§ 7805