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Taxes

The Danish American Chamber of Commerce in New York is considered by the I.R.S. to be a tax-exempt business league under Section 501(c)(6) of the Internal Revenue Code as well as a private foundation under Section 509(a) under the Code. Contributions or other payments made to DACC may not be treated as charitable deductions but might be treated as business expenses to the extent permitted by the Code. Please consult with your accountant.