Thompson on Occupy Wall Street and Tax Exemption

Philip Thompson has posted an interesting paper titled Occupy Wall Street and Tax Exemption, addressing the tax issues raised by the Occupy Wall Street movement.  Here is the abstract:

The Occupy movement, which has been responsible for several million dollars of property damage and thousands of arrests related to civil disobedience, has been able to accept tax deductible gifts under the aegis of a fiscal sponsor. This draft paper examines fiscal sponsorship and the relationship between Occupy Wall Street and its 501(c)(3) fiscal sponsor.

LHM