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Tax Planning and Compliance for Tax-Exempt Organizations, Fifth Edition 2014 Cumulative Supplement
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Tax Planning and Compliance for Tax-Exempt Organizations, Fifth Edition 2014 Cumulative Supplement

by Jody Blazek
April 2014
Intermediate to advanced
176 pages
4h 21m
English
Wiley
Content preview from Tax Planning and Compliance for Tax-Exempt Organizations, Fifth Edition 2014 Cumulative Supplement

*CHAPTER 10

Instrumentalities of Government and Title-Holding Organizations

§ 10.3 Qualifying for § 501(c)(3) Status

(d) Political Subdivisions

§ 10.3 Qualifying for § 501(c)(3) Status

(d) Political Subdivisions

p. 215. Insert after numbered list:

A Community Development District formed by a developer of a retirement community was found not to qualify as a political subdivision because it was organized and operated in a manner intended to perpetuate private control and to avoid indefinitely responsibility to a public electorate.1

*1 IRS Tech. Adv. Memo. 127670-12 issued May 9, 2013, citing Rev. Rul. 83-131, 1983-2 C.B. 184.

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Publisher Resources

ISBN: 9781118797464Purchase book