The Tax Law of Charitable Giving. Bruce R. Hopkins. Читать онлайн. Newlib. NEWLIB.NET

Автор: Bruce R. Hopkins
Издательство: John Wiley & Sons Limited
Серия:
Жанр произведения: Личностный рост
Год издания: 0
isbn: 9781119756026
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cost of similar insurance policies, the Court reached the conclusion that the members had received full value for what they paid in the form of insurance premiums.

      The payors contended that the payments were charitable contributions. The Court disagreed, holding that the payments were made with an expectation of a quid pro quo in terms of goods or services, which are not deductible. The Court focused on the fact that the church established fixed prices for the auditing and training sessions, calibrated particular prices to sessions of particular lengths and sophistication levels, returned a refund if services went unperformed, distributed “account cards” for monitoring prepaid but as-yet-unclaimed services, and categorically barred the provision of free services.