【Japan Himalaya League】 Author: Beiji  Translator: Ranting

A bipartisan group of members of the U.S. Congress on Jan. 19 introduced the “Accountability for the International Olympic Committee’s Complicity with China Act” and proposed revoking the IOC’s tax-exempt status in the United States. The bill is the second bill to sanction the IOC, following Tuesday’s introduction of the “Free Peng Shuai Act”.

With only about two weeks left before the official debut of the Beijing Winter Olympics, the Democratic and Republican parties in the U.S. Congress continue to take the opportunity to focus on the human rights issues of the Chinese Communist Party.

On Tuesday, Republican U.S. Rep. Michael Gallagher (R-WI) of Wisconsin announced the “Free Peng Shuai Act,” which accuses the International Olympic Committee of working with CCP authorities to downplay the disappearance of tennis star Peng Shuai so that the Winter Olympics can be held without incident. The bill calls for sanctions against IOC President Bach and other senior members of the Olympic Committee.

On Wednesday, Republican U.S. Rep. Mike Waltz (R-FL) of Florida and Democratic U.S. Rep. Jennifer Wexton (D-VA) of Virginia joined forces to introduce the “Irresponsible Olympic Collaboration Act” (IOC Act).

According to the content, the bill would revoke the IOC’s tax-exempt status in the United States as a countermeasure against the organization’s disregard for human rights abuses by the CCP authorities.

Tibetan activists hold a sign to boycott the Beijing Winter Olympics outside the gates of the International Olympic Committee headquarters in Lausanne, Switzerland. (AFP, Dec. 11, 2021)

The IOC currently meets the requirements for registration under Section 501(C)(4) of the U.S. tax code as a public benefit organization, a social welfare organization, or a specified federation of local employees. Such organizations are tax-exempt, but donors are not entitled to a tax deduction.

Rep. Walz said, “Given what’s going on and what the IOC has done, frankly, it’s clearly contrary to the direction of the SWO.”

Rep. Wexton said, “What the IOC has done has made it clear that they have put profits ahead of human rights by steadfastly supporting the CCP government in hosting the Olympics and aiding and abetting (Beijing authorities) in covering up the various cover-ups of genocide and other horrific human rights violations against the Uighurs.” She added, “They are not a charitable organization, they should not be granted tax-exempt status, and U.S. taxpayer tax dollars should not be used to subsidize their actions.”

It is reported that the Swiss-based IOC’s main source of funding for the global partners of corporate sponsorship revenue and event broadcast rights, U.S. corporate sponsorship and partnership contracts in the IOC’s revenue has a pivotal position.

According to the information, the IOC’s federal tax filings in the United States for 2018 show $2 billion.

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Posted by: Ranting