Abstract

http://ssrn.com/abstract=1920430
 
 

Footnotes (113)



 


 



Is Income Tax Exemption for Charities a Subsidy?


Daniel I. Halperin


Harvard Law School

July 15, 2011

Tax Law Review, Vol. 64, p. 283, 2011

Abstract:     
Article considers whether income tax exemption for charities is consistent with normal income tax. .It finds that exemption for contributions is not special treatment and that exemption for income from sale of goods or performance of services related to the purpose of the charity is special treatment only if profits are used for expansion. It concludes that a subsidy for expansion can be justified. Most importantly the article finds that exemption for investment income is a subsidy. It concludes that exemption for such income depends on a value judgment as to whether public policy should favor less accumulation and more current spending by charites. It suggests that the exemption for investment income and the charitable deduction should be limited in certain circumstances.

Number of Pages in PDF File: 30

Keywords: Charities, Income Tax Exemption, Endowments

JEL Classification: K34, L31, D63

Accepted Paper Series





Download This Paper

Date posted: September 1, 2011  

Suggested Citation

Halperin, Daniel I., Is Income Tax Exemption for Charities a Subsidy? (July 15, 2011). Tax Law Review, Vol. 64, p. 283, 2011. Available at SSRN: http://ssrn.com/abstract=1920430

Contact Information

Daniel I. Halperin (Contact Author)
Harvard Law School ( email )
1575 Massachusetts
Hauser 406
Cambridge, MA 02138
United States
(617) 495-3100 (Phone)
(617) 495-1110 (Fax)
Feedback to SSRN


Paper statistics
Abstract Views: 1,022
Downloads: 251
Download Rank: 71,568
Footnotes:  113

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo2 in 0.297 seconds