of South Carolina) present a guide for law students and practitioners on the law governing the nonprofit,
tax exempt sector. They cover many types of tax exempt organizations, including religious, educational, healthcare, arts, charitable, scientific, public safety testing, literary, and amateur sports organizations, and those for the prevention of cruelty to animals and children, as well as social welfare, labor, trade, social, and fraternal benefit organizations.
OICCI members raised important issues concerning the taxation structure in light of the upcoming budget, including loss of revenue accruing from the
tax exempt sector and evasion in the form of rampant smuggling of consumer goods, especially under the garb of Afghan Transit Trade.
It is the key transparency tool relied on by the public, state regulators, the media, researchers, and policymakers to obtain information about the
tax exempt sector and individual organizations."
On the flip side the residual "ripple effect" of every dollar spent on education is multiplied outside of the
tax exempt sector through the consumer of the education as well as the provider.
Besides other postretirement benefits, unfunded pensions, infrastructure deferral and growth of the
tax exempt sector (medicine, legal, accountancy services), and the relative shrinking of the taxable base (tangible goods), health care is piling on.
