...is directed here is primarily that of unfair competition. The tax-free status of these section 101 organizations enables them to use their profits tax-free...expand only with the profits remaining after taxes. That statement applies to all tax-exempts — not merely those that are in business to make money for...

...is directed here is primarily that of unfair competition. The tax-free status of these section 101 organizations enables them to use their profits tax-free...expand only with the profits remaining after taxes. That statement applies to all tax-exempts — not merely those that are in business to make money for...

...Income is directed here is primarily that of unfair competition. The tax-free status of these [exempt organizations] enables them to use their profits tax-free...expand only with the profits remaining after taxes ( H. Rept. 2319, 81st Cong., 2d sess., 37 ( 1950 ) ) . It is submitted that the same considerations...

...income is directed here is primarily that of unfair competition. The tax-free status of these [exempt organizations] enables them to use their profits tax-free...expand only with the profits remaining after taxes (H. Kept. 2319, 81st Cong., 2d sess., 37 (1950) ). It is submitted that the same considerations are...

...nrnnlutt*** enables them to use their profit« tax free to expand operation», while their roHpfttt*» can expand only with the profits remaining after taxes. Also, a number of example* ki" arisen where these organizations hare. In effect, used their tax exemption to bar al ordinary...

...enterprises which are unrelated to the exempt purposes of the organizations . . ." (page 503) c. ". . . Also, a number of examples have arisen where these organizations have, in effect, used their tax exemptions to buy an ordinary business . . ." (page 504) d. "In neither the House bill nor your Committee's...

...business income is directed is primarily that of unfair competition. The tax-free status of section 101 organizations enables them to use their profits tax-free...these organizations have, in effect, used their tax exemptions to buy an ordinary business. That is, they have acquired the business with little or no...

...the Revenue Act of 1950 states: The problem at which the tax on unrelated business income is directed is primarily that of unfair competition. The taxfree...these organizations have, in effect, used their tax exemptions to buy an ordinary business. S. Rep. No. 2375, 81st Cong., 2d Sess. 27 (1950). By 1950,...

...unrelated income is directed is primarily that of unfair competition. The tax-free status of Section 501 organizations enables them to use their profits tax-free...these organizations have, in effect, used their tax exemptions to buy an ordinary business. . . . In neither the House bill nor your Committee's bill does...

...business income is directed here is primarily that of unfair competition. The tax-free status of these ... organizations enables them to use their profits tax-free...expand only with the profits remaining after taxes." HR Rep. No. 2319, 81st Cong., 2d Sess. 36 (1950); See also S. Rep. No. 2375, 81st Cong., 2d Sess. 28...