IRS Doesn't Have To Revamp 'Dark Money' Rules

Law360, New York (February 27, 2014, 6:09 PM EST) -- A D.C. federal judge said Thursday that the Internal Revenue Service is not required to create a rule that resolves a perceived conflict between agency regulations and the Internal Revenue Code's definition of tax-free organizations, tossing a lawsuit over so-called "dark money" rules.

U.S. District Judge John D. Bates ruled that Citizens for Responsibility and Ethics in Washington did not have standing to force the IRS to create a rule tightening up regulations on what qualifies as a 501(c)(4) organization, saying CREW suffered no injury that...
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