Developments in the U.S. Tax Treatment of UK Charities

Tax Alert


The Internal Revenue Service has revoked the U.S. tax exempt status of 195 prominent UK charities by posting their names on a website. These UK charities will find it harder to attract support from U.S. individuals and foundations, and more expensive to invest in U.S. securities.

Thomas Dick explains how UK charities can discover if they are affected, and if they are what steps they should take to reinstate their status. His article was first published in Tax Journal on 4 August 2017 and is reproduced here with permission.