Joint Committee on Tax Public Disclosure Report

Early in 2000, the Congressional Joint Committee on Taxation released a report calling for significantly increased public disclosure by nonprofit organizations. The report raises a number of critical issues for the nonprofit sector. In response, INDEPENDENT SECTOR created a special task force to consider these proposals, and we have prepared a comprehensive response to the report, available by clicking on the link below. INDEPENDENT SECTOR has a long history of promoting appropriate public disclosure. Many of the recommendations contained in the report are ones that we can support. At the same time, several of the recommendations are deeply troubling, and we have concluded that we must oppose those proposals that are clearly inappropriate or that we believe move public disclosure in the wrong direction. 

We have also prepared a short summary of our comments, as well as a statement emphasizing the importance of these issues. It is critical that the nonprofit sector endorse appropriate public disclosure, while at the same time taking a strong stand against proposals that would add substantial burdens, chill nonprofit participation in the policymaking process, and yield little useful information. 

Complete INDEPENDENT SECTOR Comments and Recommendations
Summary of INDEPENDENT SECTOR Recommendations 
Statement on Public Disclosure