In this episode of our Public Policy & Regulation Group’s “The Eyes on Washington Podcast” series, Native American legal associates Philip Baker-Shenk and Ken Parsons have a conversation with President / CEO of the Jamestown S’Klallam Tribe, Ron Allen , on tax policy issues affecting Indian Countries. They specifically discuss the General Welfare Exclusion (GWE), a safe harbor that applies to certain benefits granted to tribal members, starting with an explanation of the background to the passage of the 2014 Law on Welfare. exclusion from general welfare and See more +
Mr. Allen is a member of TTAC and Mr. Parsons is a member of the TTAC General Welfare Exclusion Subcommittee. The committee is currently preparing a report for submission to the US Department of the Treasury regarding the implementation of GWE, and Mr. Parsons and Mr. Allen provide an update on this process. They also highlight what tribes need to know to benefit from GWE: Mr. Parsons highlights the current moratorium on Internal Revenue Service (IRS) audits and the broad coverage of the GWE statute, and Mr. Allen stresses the need for tribes to be proactive. and write Safe Harbor codes now, even if they need to be changed later. The conversation ends by comparing the Biden administration‘s relationship with the Indian country to that of previous administrations, while also previewing potential opportunities ahead. See less –
