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- Not a government institutionA chamber of commerce is not a government institution123. It has no direct role in the writing and passage of laws and regulations that affect businesses, but it can lobby to get laws passed that are favorable to businesses1. Chambers of commerce are designated as 501 (c) (6) corporations for federal tax purposes, which allows them to operate as nonprofit entities and represent their members in policy matters2. Chambers of commerce are common to most industrialized countries operating within a free-enterprise or mixed system4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.As a non-governmental institution, a chamber of commerce has no direct role in the writing and passage of laws and regulations that affect businesses. It can, however, lobby in an attempt to get laws passed that are favorable to businesses. [citation needed]en.wikipedia.org/wiki/Chamber_of_commerceTypically, chambers of commerce are designated as 501 (c) (6) corporations for federal tax purposes. This classification allows chambers of commerce to operate as nonprofit entities, while also giving them the authority to represent their members in policy matters.www.investopedia.com/terms/c/chamber-of-comme…An independent organization, the Chamber is entirely self-funded by founder Neil McDonnell, with the help of Sustaining Members. The Chamber does not receive government funding.www.govconchamber.com/Chambers of commerce are common to most industrialized countries operating within a free-enterprise or mixed system. Such organizations generally find the need for some form of national affiliation, so as to present an agreed front to central governments.www.britannica.com/money/chamber-of-commerce
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