Monday, January 23, 2012

IRS will eventually catch most online UBI - TheNonProfitTimes

IRS will eventually catch most online UBI - TheNonProfitTimes: The Internal Revenue Service (IRS) has not caught up to many of the issues raised by Web advertising and merchandising. Yet.

As Jeffrey S. Tenenbaum and Lisa M. Hix of Venable LLP point out, it is likely that the IRS will eventually catch up, and it has already said that its position will be consistent with its policies on off-line revenue.

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