Chamber of Commerce Sign-Up Form
The Sanderson Chamber of Commerce is tax-exempt under Section 501(c)(6) of the United States Internal Revenue Code. However, in compliance with the Omnibus Budget Reconciliation Act of 1993, five percent of your membership investment is not deductible from federal income taxes as a business expense because it is allocable to lobbying expenditures. The remaining 95 percent of your investment may be deductible as an ordinary and necessary business expense, not as a charitable contribution. Further information on this law should be obtained from your tax advisor.