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Developments in the US tax treatment of UK charities

Overview

The Internal Revenue Service has revoked the U.S. tax exempt status of 195 prominent UK charities by posting their names on a website. These UK charities will find it harder to attract support from U.S. individuals and foundations, and more expensive to invest in U.S. securities.

Thomas Dick explains how UK charities can discover if they are affected, and if they are what steps they should take to reinstate their status.