Founder of the 20/22 Act Society, Robb Rill, rejects tax incentive code changes to regulate funds that help local charities
Founder of the 20/22 Act Society, Robb Rill, rejects tax incentive code changes to regulate funds that help local charities
There has been a very important bill that has been in the works for two years that unifies all different tax incentive codes under one cohesive law whose main architect was former DDEC Secretary, José Pérez Riera. Conceptually, this is a great idea because some laws relating to the tax incentives are outdated and others may even have conflicting language. The negative of trying to unify such a disparate and large number of laws in one place is complicated (the current bill is almost 600 pages) and it provides politicians the opportunity to tinker with things and rewrite important elements of the bill that affect all of us.
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