Fur Charity Chest Exempt from Income Tax, Treasury Department Ruling Says
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Fur Charity Chest Exempt from Income Tax, Treasury Department Ruling Says

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The Charity Chest of the Fur Industry was exempted from making income tax returns on the collections made by it. in an opinion handed down by the Treasury Department at Washington.

“The evidence furnished shows that the organization was incorporated under the laws of the State of New York in 1925, without capital stock, to collect and distribute funds intended for charitable use; and that its actual activities consist of the collection of funds from individuals, firms, or corporations engaged in the fur industry in the City of New York, which funds are distributed without discrimination as to age, sex, color, or religious inclination to individuals, charitable or benevolent societies, organizations and associations found worthy and deserving of voluntary financial aid and assistance.” the opinion read. “The fur organization was formed primarily to eliminate from the far industry of the City of New York indiscriminate, continuous and annoying separate drives and solicitations for voluntary charitable contributions and to definitely create a charitable fund. No income is credited to surplus or may inure to the benefit of any private individual.

“The activities of your organization appear to entitle it to exemption under the provisions of Section 231 (6) of the Revenue Act of 1926.

“In accordance with this ruling, based on the evidence submitted, your organization will not be required to file a return for 1926 and future returns will not be required so long as there is no change in the organization. its purposes and method of doing business.”

A threatening note signed “K.K.K.” was received by Benjatain Cohen, manager of a co-operative camp Nitgadaiget at Beacon. N.Y The note warned the carupers “to withdraw” from the ##nity of Beacon or “sevete methods” would be taken. The note ended: “You know the methods and tactics we apply We close with despise and hatred to you K.K.K”

Leo Wolfson. President of the United Roumanian Jews of America, returned from Europe. Mr. Wolfson was one of the delegates of the American Jewish congrass to the Zurich Conference. He also visited Palestine.

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