Supreme Court rules tax on group insurance for charities
The court, in a 6-1 decision, held that tax exempt charitable groups must pay taxes on income from selling group insurance to members. It rejected deductions for premiums as charitable contributions and stressed unrelated business income rules. The ruling focuses on the American Bar Endowment and its 310,000 lawyer members.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Texaco Inc
Texas
Pennzoil
U.S
Alice Hastings
Miami
Florida
Willie Jasper Darden
Tor
Darden
American Bar Endowment
American Bar Association
Thurgood Marshall
Congress
ABE
ABA
Internal Revenue Service
Soviet envoy presents Gorbachev letter to Reagan in cordial meeting
Soviet ambassador Yuri Dubinin delivered a personal letter from Mikhail Gorbachev to President Reagan in a 40 minute Oval Office meeting. The White House called the talks cordial and businesslike as officials watched for any signs of a U S Soviet summit.
MENTIONED IN THIS ARTICLE
Washington
Yuri V. Dubinin
Reagan
Mikhail Gorbachev
White House
Gorbachev
Oval Office
Dubinin
West Wing
U.S
Soviet Union
Michael Guest
Law school deans oppose Manion for 7th Circuit seat
Deans from Harvard Yale NYU and more than 30 law schools urge that Daniel A. Manion is not qualified for the U S Court of Appeals in Chicago. The letter argues Manion lacks scholarship legal acumen and constitutional commitment. Senate Democrats seek to sway undecided votes ahead of a likely rejection.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Harvard
Yale
New York University
Daniel A. Manion
U.S. Court of Appeals
7Th Circuit
Chicago
Reagan Administration
Senate
Democrats
Reagan
Manion
Denny Brisley
White House
Senate Democrats
Silent Klinghoffer seen during Achille Lauro death
Genoa Italy AP testimony says waiter Manuel de Souza saw Leon Klinghoffer silent as his wheelchair was wheeled to a hijacker on the Achille Lauro. Two shots followed and Klinghoffer was dumped into the Mediterranean with his chair. Molqi is described as the ship raid leader.
MENTIONED IN THIS ARTICLE
Ferruccio Alberti
Achille Lauro
Genoa
Leon Klinghoffer
Italy
Manuel de Souza
Mediterranean Sea
Lino Monteverde
Klinghoffer
de Souza
Youssef Magid al-Molqi
Molqi
Port Said
Egypt
Molgqi
Monteverde
Dole foresees near unanimous Senate tax bill win
Senate Majority Leader Bob Dole predicts a big win as the chamber votes on the tax bill. Treasury Secretary Baker says cuts average five percent for most, with higher earners above two hundred thousand seeing roughly 4.7 percent. The EPA cautions against harsh penalties for cities failing next year’s clean air deadline. Roy Cohn disbarred in New York after court action.
MENTIONED IN THIS ARTICLE
Washington
Senate
Bob Dole
Kan
Treasury
James A. Baker III
Environmental Protection Agency
EPA
Lee M. Thomas
California
Texas Gulf Coast
Northeast
Chicago
Thomas
Appellate Court Bars Gazette in Disbarment Case
A five judge panel of the Appellate Division of State Supreme Court disbarred Gazette v Cohn for unethical and unprofessional conduct across four matters, calling one instance particularly reprehensible. The unanimous 49 page decision cites clients including executives builders politicians and mob figures. Cruel to sustain life. A New Jersey judge ruled Kathleen Farrell, 37, terminally ill with Lou Gehrig’s disease, can be wracked with pain, staying action pending appeal.
MENTIONED IN THIS ARTICLE
Cohn
Appellate Division of
State Supreme Court
Toms River
N.J
Superior Court
Henry H. Wiley
Kathleen Farrell
Lou Gehrig
Wiley
Gerson
Chernobyl Work Finishes Concrete Encasement of Reactor No 4
Moscow AP reports workers completed a concrete foundation under the ruined No 4 reactor as crews plan to entomb it in a concrete coffin to seal radiation for centuries. A TV show showed miners removing dirt from tunnels beneath the reactor.
MENTIONED IN THIS ARTICLE
Moscow
Chernobyl
Also Mentioned on This Page
Law School
Jack Riha
Cedar Rapids
Iowa
Physicians Mutual Insurance Company
Roy Cohn
New York
Roy M
Israel
Beirut
Lebanon
South Lebanon
Kfar Roumman
Police Department
Pope
Vatican City
John Paul II
Colombia
Vatican Radio
KitchenAid
Jim’s
9Th. Street
S.W
Rae
Kenny
MT. Vernon RD
S.E
Holley
Holley’s
Westdale Mall
Lindale Mall
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