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National Hot Rod Association Tax-Exempt Status Attacked
The IRS has received a complaint challenging the tax-exempt status of the National Hot Rod Association (NHRA) from the Washington law firm of Caplin & Drysdale. The complaint alleges that the drag racing organization’s activities mimic those organized by for-profit automobile entertainment companies. Continue reading
Posted in auto news, racing
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, caplin & drysdale, irs, Ken Zino, nhra, racing, tax exempt, zino
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