TITLE

IRS Official: 'Glitch in Law' Could Endanger 501 (c) (3) s

AUTHOR(S)
Kinnander, Ola
PUB. DATE
December 2000
SOURCE
Bond Buyer;12/11/2000, Vol. 334 Issue 31034, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the effect of the tax code on the ability of 501(c)(3) organizations to sell unrelated business income in the United States. Investment of bond proceeds in a debt-service reserve account; Consideration of bond interest earnings as unrelated business income; Need for remedial tax legislation.
ACCESSION #
3922825

 

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