Wednesday, September 24, 2014

How would the Camp tax reform plan affect charitable giving?



September 23, 2014


What's new from the Center on Nonprofits and Philanthropy and the National Center for Charitable Statistics.
How would the Camp tax reform plan affect charitable giving?
A new Tax Policy and Charities project brief estimates the effects of provisions from the Tax Reform Act of 2014 on individual charitable giving. The provisions, released earlier this year by House Ways and Means Committee chair Dave Camp (R-MI), could decrease individual giving by 7 to 14 percent.

READ MORE


"The total impact of the Camp plan is estimated to reduce individual giving in the range of 7 to 14 percent, which corresponds to a reduction of between 17 to 35 billion dollars based on 2013 giving levels." page 2 of report

No comments:

Post a Comment