TAX DEDUCTIONS FOR CORPORATIONS ASSISTING THE CONTACT DIVISION:

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP57-00384R001200010195-4
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 1
• Document Creation Date: December 20, 2016
• Sequence Number: 195
• Publication Date: November 22, 1949
• Content Type: MEMO

Approved For Release 2007/01/16: CIA-RDP57-00384R001200010195-4
Con IT 14 L
Chief, Contact Divisie* 22 November 1949
Legal Staff
Tax Deductions For Corporations Assisting The Contact Divisions
1. Your memorandum of 15 November 1949 requested an opinion re-
garding the possibility of an employer taking tax deductions for time
spent by his employees in answering questions of the Contact Division.
2. We have boon informally advised by the Bureau of Internal
Revenue that it may be possible for an employer to successfully claim
a business deduction for the services indicated. This would be a busi-
ness deduction rather than a contribution to the U. S. Government. It
is aseud, of course, that his employees receive their full salary
during the time they are cooperating with CIA.
3. We believe the question should be referred to I & S; and, in
the event there is no particular security problem presented, the
employer should be advised toconsult his personal, tax counsel in the
matter.
CVVP:mfp
cc: Subject
Chrono
C FI DEN I I.
Approved For Release 2007/01/16: CIA-RDP57-00384R001200010195-4