Description of Tax Bills (H.R. 2163, S. 927, and S. 1183): Scheduled for a Hearing Before the Subcommittee on Taxation and Debt Management of the Committee on Finance, on August 3, 1983U.S. Government Printing Office, 1983 - 26 pages |
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Results 1-5 of 8
Page 1
... exempt certain debt - fi- nanced income of educational organizations from the unrelated business income provisions generally applicable to tax - exempt orga- nizations . The first part of the pamphlet is a summary of the bills . This is ...
... exempt certain debt - fi- nanced income of educational organizations from the unrelated business income provisions generally applicable to tax - exempt orga- nizations . The first part of the pamphlet is a summary of the bills . This is ...
Page 2
... exempt from Federal income tax if it meets certain specific Internal Revenue Code requirements ( Code sec . 501 ) . With certain exceptions ( e.g. , churches ) , organizations are exempt only if the Internal Revenue Service makes a ...
... exempt from Federal income tax if it meets certain specific Internal Revenue Code requirements ( Code sec . 501 ) . With certain exceptions ( e.g. , churches ) , organizations are exempt only if the Internal Revenue Service makes a ...
Page 3
... exempt status and eligibility to receive tax - deductible gifts only as long as statutory criteria are satisfied . An organization otherwise exempt from tax is neverthe- less taxable on its unrelated business income ( secs . 511-514 ) ...
... exempt status and eligibility to receive tax - deductible gifts only as long as statutory criteria are satisfied . An organization otherwise exempt from tax is neverthe- less taxable on its unrelated business income ( secs . 511-514 ) ...
Page 4
... exempt from Federal income tax generally is taxed on income from trades or businesses that are unrelated to the organization's exempt purposes . Included in unrelated business income is an exempt organization's income from " debt ...
... exempt from Federal income tax generally is taxed on income from trades or businesses that are unrelated to the organization's exempt purposes . Included in unrelated business income is an exempt organization's income from " debt ...
Page 19
... exempt status ( sec . 508 ) . Organizations otherwise exempt from tax are nonetheless subject to tax on their unrelated business income ( secs . 511-514 ) . The tax on unrelated business income generally is determined as if the or ...
... exempt status ( sec . 508 ) . Organizations otherwise exempt from tax are nonetheless subject to tax on their unrelated business income ( secs . 511-514 ) . The tax on unrelated business income generally is determined as if the or ...
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Common terms and phrases
10-percent excise tax acquisition indebtedness amended Amounts equivalent articles sold bill would expand Boating Safety Account Boating Safety Fund boating safety programs calendar quarter charitable charitable organizations debt-financed property December 31 deposited educational organizations Effective Date ending the previous expenditure purposes Federal Boat Safety Fish and Wildlife Fish Restoration Program fishing rods fishing tackle gasoline and special gift tax Internal Revenue Code Internal Revenue Service July 12 June 30 Land and Water manufacturers excise tax March 31 motorboat fuels taxes National Fish National Recreational Boating payment of excise percent pleasure craft Present law imposes private foundation qualified trust receipts Recreational Boating Safety Revenue Effect Safety and Facilities sale of fishing semimonthly September 24 September 30 special motor fuels Sport Fish Restoration sport fishing equipment tax on fishing tax on sport Tax treatment taxes on motorboat tion transferred Unappropriated balance unrelated business income Water Conservation Fund Wildlife Foundation yachts and pleasure