Fall 2017

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Lead Stories

House Tax Bill Would Significantly Affect Charities

National organizations say it would reduce incentives for charitable contributions

Senate Tax Bill Adds UBIT, Saves Johnson Amendment

Tax would be imposed on royalties, and on organizations for excess benefits

Club Can’t Compel Arbitration Based on Notice on Back of Renewal Form

Court finds member had no actual notice of requirement to arbitrate disputes with organization

Foundation Director May Bring Derivative Suit Without Prior Demand on Directors

Court agrees that demand on majority of directors would be futile when claims involve their conduct and compensation