IRS: Tax-Exempts Can Be Made Retroactively Taxable

Kinnander, Ola
February 2001
Bond Buyer;02/21/2001, Vol. 335 Issue 31081, p4
Trade Publication
Reports the willingness of Internal Revenue Service (IRS) to make tax-exempts retroactively taxable for organizations revoking charitable status in the United States. Context of section 501(c)(3); Advantage of section 501(c)(3) to charitable organizations; Factors influencing the IRS ruling.


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