1983-84 Miscellaneous Tax Bills--I: Hearing Before the Subcommittee on Taxation and Debt Management of the Committee on Finance, United States Senate, Ninety-eighth Congress, First Session, on S. 249 and S. 825, April 29, 1983

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Page 120 - Unrelated, trade or business — (a) General rule. The term "unrelated trade or business" means, in the case of any organization subject to the tax imposed by section 511, any trade or business the conduct of which is not substantially related (aside from the need of such organization for income or funds or the use it makes of the profits derived) to the exercise or performance by such organization of its charitable, educational, or other purpose or function constituting the basis for its exemption...
Page 13 - unrelated business taxable income" means the gross income derived by any organization from any unrelated trade or business...
Page 13 - ... are capable of being exploited in commercial endeavors. Where an organization exploits such an intangible in commercial activities, the mere fact that the resultant income depends in part upon an exempt function of the organization does not make it gross income from related trade or business.
Page 119 - To uphold and maintain the Constitution and the laws of the United States, to realize the true American ideals and aims for which those eligible to membership fought; to advance the interests and work for the betterment of all wounded, injured, and disabled American veterans; to cooperate with the United States Veterans...
Page 75 - American Association of community and Junior Colleges American Association of State Colleges and Universities American Council on Education Association of American universities Association of Catholic Colleges and Universities Association of Jesuit Colleges and Universities...
Page 6 - Code of 1954 4 (defining unrelated trade or business) is amended by adding 5 at the end thereof the following new subsection : 6 " (f ) CBETAIN GAMES.— 7 "(1) IN GENERAL. — The term 'unrelated trade or 8 business' does not include any trade or business which 9 consists of conducting qualified games.
Page 119 - The purposes of the DAV, as set forth in its Constitution and By-Laws, are to uphold and maintain the Constitution and laws of the United States; to realize the true American ideals and aims for which those eligible to membership fought; and to advance the interests and work for the betterment of all those who have become wounded, injured...
Page 124 - Which is the selling of merchandise, substantially all of which has been received by the organization as gifts or contributions. (b) Special rule for trusts. The term "unrelated trade or business...
Page 11 - educational assistance" means — (A) the payment, by an employer, of expenses incurred by or on behalf of an employee for education of the employee (including, but not limited to, tuition, fees...
Page 11 - In any calendar year, or (B) such employees as qualify under a classification set up by the employer and found by the Secretary...

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