Show threadˈdälfən™🐬 💥 🌊13h ago

4🧵 –

"The IRS emphasized that this position is 'consistent with a long-standing pattern of selective enforcement,' and referenced a 2017 executive order issued by then-President Trump directing the IRS not to pursue penalties against religious organizations engaged in political speech."

#USA #US #USpol #trump #IRS #TaxExemption #501C3 #religion #law #JohnsonAmendment
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https://natlawreview.com/article/irs-announces-churches-and-other-houses-worship-may-endorse-political-candidates

IRS Announces Churches and Other Houses of Worship May Endorse Political Candidates Without Losing Tax-Exempt Status

In a potentially landmark shift announced July 7, 2025, the Internal Revenue Service (IRS) publicly acknowledged in a federal court filing that houses of worshi

National Law Review
Show threadˈdälfən™🐬 💥 🌊13h ago

2🧵–

IRS says churches can now endorse political candidates~
(from last July)

https://www.npr.org/2025/07/08/nx-s1-5460886/irs-now-says-pastors-can-endorse-political-candidates
~~~~~

Background on the Johnson Amendment:
https://en.wikipedia.org/wiki/Johnson_Amendment
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And on the case mentioned in the Treasury Dept's blog (screenshots in the previous post). The case was dismissed w/o prejudice for lack of subject matter jurisdiction.

https://www.courtlistener.com/docket/69105317/national-religious-broadcasters-v-werfel/
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https://kpmg.com/us/en/taxnewsflash/news/2026/04/federal-court-rejects-deal-allow-churches-political-speech.html
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https://www.msn.com/en-us/news/politics/judge-rejects-irs-agreement-to-let-pastors-endorse-political-candidates/ar-AA1ZVDzZ
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#USA #Treasury #IRS #TaxExemption #religion #law #501C3 #1A

Jim CareyMar 26
FYI: Tax Court Confirms HOA is Not Tax Exempt https://downriverpropertymanagement.com/tax-court-confirms-hoa-is-not-tax-exempt/?utm_source=dlvr.it&utm_medium=mastodon #TaxCourt #HOA #TaxExemption #HomeownersAssociation #Nonprofit
CBC ManitobaMar 25
Food will be PST-free at Manitoba grocers, but not smaller mom-and-pop shops
Shoppers buying packaged foods or ready-to-eat items from some convenience stores and small shops won't see the PST disappear when the tax is lifted this summer on items like soda, chips and rotisserie chicken at larger grocers.
https://www.cbc.ca/news/canada/manitoba/pst-exemption-food-grocery-convenience-stores-9.7141880?cmp=rss
CBC ManitobaMar 20
Manitoba would surrender around $960M if Tories get elected, nearly double basic personal exemption
The Progressive Conservatives want to make the first $30,000 of income earned by Manitobans exempt from provincial income taxes. If that happened, it would cost the provincial treasury more than $960 million in 2025.
https://www.cbc.ca/news/canada/manitoba/progressive-conservatives-manitoba-basic-personal-exemption-9.7135648?cmp=rss
Go-financeMar 20

Did you know?
NRIs can claim exemptions under key tax sections & save lakhs 💡

👉 https://go-infofinance.com/blog/capital-gains-tax-exemption-for-nris

#TaxExemption #NRIInvestors #WealthGrowth #FinanceKnowledge #SmartInvesting

Yonhap Infomax NewsJan 24
South Korea will end the capital gains tax exemption for multiple-homeowners in May, prompting experts to forecast a surge in tax-saving property listings before the deadline and a shift in real estate market dynamics.
#YonhapInfomax
#CapitalGainsTax #MultipleHomeowners #RealEstateMarket #TaxExemption #PresidentLeeJaeMyung
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=101856
Capital Gains Tax Exemption for Multiple Homeowners Set to Expire in May—Experts Anticipate Surge in Tax-Saving Listings

South Korea will end the capital gains tax exemption for multiple-homeowners in May, prompting experts to forecast a surge in tax-saving property listings before the deadline and a shift in real estate market dynamics.

Yonhap Infomax
Yonhap Infomax NewsDec 24
South Korea will fully exempt overseas subsidiary dividends from corporate tax, aiming to boost dollar inflows and stabilize cash flows for major conglomerates amid currency volatility.
#YonhapInfomax #OverseasSubsidiaryDividends #TaxExemption #ExchangeRate #Chaebol #CorporateTaxPolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97068
Lowyat.NETDec 22

CBU EV Tax Exemptions To Apply For Vehicles Arriving Before 28 December #automotive #cbuevs #electricvehicles #taxexemption

https://www.lowyat.net/2025/376910/cbu-ev-tax-exemptions-to-apply-for-vehicles-arriving-before-28-december/

CBU EV Tax Exemptions To Apply For Vehicles Arriving Before 28 December

It is a known fact that the Malaysian government will not renew incentives for fully imported (CBU) electric vehicles in 2026. However, the Malaysian Automotive Association (MAA) has clarified that…

Lowyat.NET
Vietnamnet BOTDec 9

Đề xuất miễn thuế giá trị gia tăng (VAT) trở lại đối với phân bón đang được nhiều đại biểu Quốc hội kiến nghị trong buổi thảo luận về dự án luật sửa đổi, bổ sung một số điều của Luật Thuế giá trị gia tăng. Việc miễn thuế nhằm giảm chi phí sản xuất, hỗ trợ nông dân và thúc đẩy phát triển nông nghiệp bền vững. Hiện mức thuế VAT 5% áp dụng với phân bón được cho là còn gây áp lực lên đầu vào sản xuất nông nghiệp.

#TaxExemption #Fertilizer #Agriculture #VAT #Vietnam #MiễnThuế #PhânBón #NôngNghiệp #T