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Tax-Exempt Sector

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Author :
Release : 2005-09
Genre : Law
Kind : eBook
Book Rating : 992/5 ( reviews)

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Book Synopsis Tax-Exempt Sector by : David M. Walker (au)

Download or read book Tax-Exempt Sector written by David M. Walker (au). This book was released on 2005-09. Available in PDF, EPUB and Kindle. Book excerpt: The tax-exempt sector under section 501(c) of the IRS Code covers over a million-&-a-half tax-exempt entities (TEE) of varying sizes & purposes. Transparency over TEE activities is aided by public access to their annual tax returns. Oversight can help ensure adherence to exempt purposes, protect against abuses, & sustain public support for the sector. This report addressed: (1) the growth of the section 501(c) tax-exempt sector; (2) the role of governance & transparency in ensuring that TEE function effectively & with integrity; (3) IRS's capacity for overseeing the TEE sector, incl. its results & efforts to address critical compliance problems; & (4) states' oversight & their relationship with IRS in overseeing TEE. Charts & tables.

Overview of the Tax-exempt Sector

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Author :
Release : 2005
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Overview of the Tax-exempt Sector by : United States. Congress. House. Committee on Ways and Means

Download or read book Overview of the Tax-exempt Sector written by United States. Congress. House. Committee on Ways and Means. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt:

Understanding Nonprofit and Tax Exempt Organizations

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Author :
Release : 2012
Genre : Charitable uses, trusts, and foundations
Kind : eBook
Book Rating : 579/5 ( reviews)

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Book Synopsis Understanding Nonprofit and Tax Exempt Organizations by : Nicholas P. Cafardi

Download or read book Understanding Nonprofit and Tax Exempt Organizations written by Nicholas P. Cafardi. This book was released on 2012. Available in PDF, EPUB and Kindle. Book excerpt: Understanding Nonprofit and Tax Exempt Organizations is a guide for the law student or practitioner who is looking to understand the law governing the nonprofit, tax exempt sector. This text deals with the many types of tax exempt organizations; the rules, regulations and limitations imposed on tax exempt organizations by the courts, the Internal Revenue Code (IRS) and the Treasury Regulations (the Regulations); the charitable contribution and fundraising issues affecting tax exempt organizations; the unrelated business income tax, excise taxes and intermediate sanctions imposed on tax exempt organizations; and the rules regarding private foundations. This new Second Edition reflects recent changes in the law made by the Pension Protection Act of 2006 and the Patient Protection and Affordable Care Act of 2010. The Second Edition of Understanding Nonprofit and Tax Exempt Organizations begins with an introduction to nonprofit organizations by discussing the relevant law in general, as nonprofits are governed by state law. Next, tax exempt organizations are discussed, by first giving the reader the background on where such organizations fit in the nonprofit sector; why the organizations are given preferential tax treatment; what form these organizations take; and how such organizations are governed and dissolved. The Second Edition also provides detailed explanations of the various rules, regulations and tests they must follow in order to obtain or retain their tax exempt status as well as the consequences for failure to comply.

The Charitable Tax Exemption

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Author :
Release : 2019-07-11
Genre : Law
Kind : eBook
Book Rating : 320/5 ( reviews)

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Book Synopsis The Charitable Tax Exemption by : John D Colombo

Download or read book The Charitable Tax Exemption written by John D Colombo. This book was released on 2019-07-11. Available in PDF, EPUB and Kindle. Book excerpt: The tradition of tax-exempt status for nonprofit "charitable" organizations is well established, and few would argue with the principle. But the tax-exempt sector of the economy is vast and rapidly growing, resulting in the loss of billions of dollars of tax revenue. At the same time, we have no consensus on what purpose the charitable tax exemption serves, let alone agreement on what constitutes a charity. In this important addition to the theory of tax law, Colombo and Hall develop an original "donative" theory that links the charitable tax exemption to the ability of an organization to derive donative support from the community. Their theory not only makes intuitive sense but also receives support from economic, political, and moral theory. Its implications would rationalize the charitable tax exemption, comport with legal precedent, and simplify the administration of the law. The Charitable Tax Exemption is a major contribution to the theory of tax law and should be essential reading for a wide range of lawyers dealing with taxes. It will also be enlightening for anyone involved in the operation of a nonprofit organization

A History of the Tax-exempt Sector

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Author :
Release : 2008*
Genre : Nonprofit organizations
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis A History of the Tax-exempt Sector by : Paul Arnsberger

Download or read book A History of the Tax-exempt Sector written by Paul Arnsberger. This book was released on 2008*. Available in PDF, EPUB and Kindle. Book excerpt:

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