Finance & markets · 21/07/1995Updated: 10/18/2026 · 1 min read
New Regulations Clarify Lobbying Expense Deductions and Dues Allocation
Summary
The IRS has released final regulations to define lobbying expenses and allocate costs to lobbying activities, helping businesses and tax-exempt organizations comply with the Internal Revenue Code, which was updated by the Omnibus Budget Reconciliation Act of 1993.