Tax and Regulatory Issues

Friday, April 21, 2017
CCP Policy Update - April 21, 2017

HARTFORD, CT -- The Connecticut Council for Philanthropy's public policy update from April 21, 2017 includes information H.B. No. 7322 with a provision to repeal exemption of nonprofits from the sales tax.

Wednesday, April 19, 2017
Finance Panel Eyes Ending Sales Tax Exemption for Nonprofits

HARTFORD, CT -- Keith Phaneuf of The Connecticut Mirror, reviews the state's current tax plans. The legislature's tax-writing panel is considering a measure that would repeal the sales tax exemption on goods and services sold to nonprofits — a provision that saves these entities more than $200 million per year. Democratic leaders of the Finance, Revenue and Bonding Committee said this proposal, which will go to a public hearing next week, is part of an ongoing exploration of possible widening of Connecticut’s sales tax base.

Tuesday, March 21, 2017
Philanthropy Leaders Urge Congress to Strengthen Charitable Giving

WASHINGTON, DC — More than 250 philanthropy leaders from across the nation, including five representing Connecticut philanthropy, are gathering on Capitol Hill starting today to urge lawmakers to value and strengthen charitable giving in America. Their meetings are part of Foundations on the Hill, a multi-day event presented by the Forum of Regional Associations of Grantmakers in partnership with the Council on Foundations and the Alliance for Charitable Reform.