[TheForge] nonpartisan politics as it affects artists
A. Vida
[email protected]
Sat Jul 5 15:23:00 2003
Michael Horgan wrote:
>
> H.R. 806 addresses this inequity, and while
> not,perhaps the perfect solution, does work to even out the playing field,
> providing more incentive to the artists to make their art more easily
> experienced by all the public rather than just collectors.
Maybe. Notice that in the bill is is specified that the work
must be "related to the purpose or function constituting the
basis for the donee's exemption under section 501"
Who makes that determination? What are the standards? What
is the precise mechanism? It is not stated, which means that
in reality it relates to the purpose if the IRS says it does.
I would not want to hang my hat on that.