The Tax Law of Unrelated Business for Nonprofit Organizations

Front Cover
John Wiley & Sons, 2006 M04 26 - 408 pages
The Tax Law of Unrelated Business for Nonprofit Organizations is a comprehensive guide to the tax law of unrelated businesses for tax-exempt organizations, written by the leading expert in the field.

From inside the book


Chapter 1 Tax Exemption and Unrelated Business Introduction
Chapter 2 Unrelated Business The Basics
Chapter 3 Modifications
Chapter 4 Exceptions
Chapter 5 Unrelated DebtFinanced Income Rules
Chapter 6 Special Rules
Chapter 7 Commercial Activities
Chapter 8 Use of Separate Entities
Chapter 11 Reporting Requirements
APPENDIX A Sources of Law
APPENDIX B Internal Revenue Code Section

Chapter 9 Contemporary Applications of the Unrelated Business Rules
Chapter 10 Unrelated Business and the Internet

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Page 336 - Alaska, Arizona, California, Colorado, Hawaii, Idaho, Kansas, Montana, Nevada, New Mexico, Oklahoma, Oregon, Utah, Washington, and Wyoming Georgia, North Carolina, South Carolina, Virginia, and West Virginia.
Page 75 - In the case of a college, university, or hospital, there shall be excluded all income derived from research performed for any person, and all deductions directly connected with such income. (9) In the case of an organization operated primarily for purposes of carrying on fundamental research the results of which are freely available to the general public...
Page 25 - Individual exhibitors; its purpose is the promotion and stimulation of Interest In, and demand for, the Industry's products In general, and it is conducted In a manner reasonably calculated to achieve that purpose. The stimulation of demand for the Industry's products In general is one of the purposes for which exemption is granted O.
Page 18 - An organization may meet the requirements of section 501 (c) (3) although it operates a trade or business as a substantial part of its activities, if the operation of such trade or business is in furtherance of the organization's exempt purpose or purposes and if the organization is not organized or operated for the primary purpose of carrying on an unrelated trade or business, as defined in section 513.
Page 65 - Payments for the use or occupancy of rooms or other space where services are also rendered to the occupant, such as for the use or occupancy of rooms or other quarters in hotels, boarding houses, or apartment houses furnishing hotel services, or in tourist camps or tourist homes, motor courts or motels...
Page 34 - Identity as a trade or business merely because It Is carried on within a larger aggregate of similar activities or within a larger complex of other endeavors which mav.
Page 70 - ... (ii) if the determination of the amount of such rent depends in whole or in part on the income or profits derived by any person from the property leased (other than an amount based on a fixed percentage or percentages of receipts or sales).
Page 23 - For purposes of this section, the term "trade or business" includes any activity which is carried on for the production of income from the sale of goods or the performance of services.
Page 343 - Thus its activities should be directed to the improvement of business conditions of one or more lines of business as distinguished from the performance of particular services for individual persons.

About the author (2006)

Bruce R. Hopkins is the country's leading authority on tax-exempt organizations and is a senior partner with the firm Polsinelli Shughart. He is the author or coauthor of more than 25 books, including The Law of Tax-Exempt Organizations, Ninth Edition, and the newsletter Bruce R. Hopkins' Nonprofit Counsel, all published by Wiley.

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