New Oregon Law Disqualifies Donations As Deductions For Non-Profit Organization With Less Than 30% Of Expenses For Program Services
A new Oregon law will disqualify non-profit organizations that devote less than 30% of expenses for program services from receiving contributions that the donor can count as a charitable donation on their Oregon state income tax and corporate excise tax. The new law is the result of Oregon House Bill 2060, which was signed into law on June 4, 2013. It will go into effect on October 7, 2013. Disqualified charities will be required to disclose their status to prospective donors or face civil penalties up to $25,000 per violation under the Unlawful Trade Practices Act. Additionally, disqualified . . .
