In 2000, the compound was referred to the National Institutes of Health's National Toxicology Program (NTP) for phototoxicity and photocar-cinogenicity testing, along with other common ingredients such as alpha- and beta-hydroxy acids, aloe vera, and nanoscale titanium dioxide and zinc oxide.
Notably, a related benefit of making a contribution to a donor-advised fund in a âbig incomeâ year is that, as an ordinary income deduction, the charitable contribution itself is worth more given the higher tax bracket.
New Requirements for Donor-Advised Funds. Donor-advised funds are subject to new requirements under the Pension Protection Act of 2006. The IRS has issued guidance and new procedures implementing the legislation. New excise taxes may apply to sponsoring organizations and managers of donor-advised funds. Thus, transactions between sponsoring organizations and fund managers may be subject to intermediate sanctions excise taxes and donor-advised funds may be subject to taxes on excess business holdings.