So you don't have to file schedule B & reveal your donors to the IRS.
My error. - being a knee jerk tax lawyer. Per draft opinion, c-4 promises not to lobby or campaign and thus is described in 170(c) for purposes of the Act and Commission regulations. Not what we tax folk would say. Why set up a c-4 that will operate as a c-3?
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Excellent point. I also do not find the fn in the Panetta opinion cited in the Price draft to be as clear support as I would like. Panetta footnote references AO 1986-39 - which I cannot find.
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