Zionist Organization of America Loses Tax-Exempt Status

[Purveyor]

WASHINGTON (JTA) -- The Zionist Organization of America lost its tax exempt status due to a late filing of tax returns.

The ZOA did not file returns for three consecutive years, the Forward reported Tuesday.

Morton Klein, the ZOA's president, confirmed to JTA that the organization has not been tax exempt since March. Since then, he said, the organization has filed the returns and is now seeking reinstatement.

"We have hired a top tax attorney and he has every confidence we will be reinstated," Klein said, adding that he hoped for reinstatement before the end of the year.

He said the organization had sought extensions for the three years it did not file because a school in Ashkelon, Israel, run under its auspices was not providing correct information and the ZOA was seeking to clarify the matter.

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http://www.jta.org/news/article/2012/09/11/3106631/zoa-loses-tax-exempt-status