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Informationen zum Autor Bruce R. Hopkins concentrates on the representation of tax-exempt organizations, practicing with the Bruce R. Hopkins Law Firm, LLC, Kansas City, Missouri. He is the Professor from Practice at the University of Kansas School of Law. He writes a monthly newsletter, the Bruce R. Hopkins' Nonprofit Counsel, now in its 34th year. Hopkins is the author of over 30 books in the field of nonprofit tax law. Klappentext Stay up to date on the federal law of tax-exempt associations Written by Bruce Hopkins, the country's foremost expert on nonprofit law, The Tax Law of Associations offers a complete analysis of the federal law of tax-exempt associations and summarizes the law concerning acquisition and maintenance of associations' tax exemption. This authoritative guide explores every facet of tax law applicable to exempt associations, including the private inurement doctrine, the intermediate sanctions rules, lobbying rules, and the unrelated business sanctions as well as: The role of associations in society Forms of associations Tax exemption for business leagues and similar organizations Private benefit and excess benefit transactions Legislative and political activities For-profit subsidiaries and limited liability companies Partnerships and joint ventures Association-related foundations Charitable giving and fundraising This is a must-have resource for lawyers, association executives, nonprofit executives, officers, directors, accountants, members of boards, and consultants. Providing detailed documentation and citations, an exhaustive index, tables of cases, and IRS rulings, The Tax Law of Associations is comprehensive and authoritative, filled with references to regulations, rulings, cases, and tax literature, including current articles and tax law review notes. Zusammenfassung The Tax Law of Associations summarizes the law concerning acquisition and maintenance of associations' tax exemption. It explores various other bodies of tax law applicable to exempt associations! including the private inurement doctrine! the intermediate sanctions rules! the lobbying rules! and the unrelated business restrictions. Inhaltsverzeichnis Preface xxiii Chapter One Associations, Society, and the Tax Law 1 ?1 Introduction to Associations 2 ?2 History and Evolution of Associations 4 ?3 Role of Associations in Society 6 ?4 Rationales for Associations' Tax Exemption 8 ?5 Forms of Associations 10 ?6 Other Exempt "Associations": A Comparative Analysis 10 ?7 Comparisons to Other Exempt Organizations 17 Chapter Two Tax Exemption for Business Leagues and Similar Organizations 19 ?1 Concept of Tax Exemption 20 ?2 Recognition of Tax Exemption 20 ?3 Appropriate Exemption Category 21 ?4 Business Leagues in General 23 ?5 Legislative and Regulatory History 29 ?6 Definition of Business 31 ?7 Line-of-Business Requirement 32 ?8 Membership Services 36 ?9 Professional Organizations 37 ?10 Disqualifying Activities 39 ?11 Chambers of Commerce 48 ?12 Boards of Trade 50 ?13 Real Estate Boards 50 ?14 Professional Football Leagues 51 ?15 Application for Recognition of Exemption (Form 1024) 51 ?16 Nonexempt Membership Organizations 51 Chapter Three Private Inurement, Private Benefit, and Excess Benefit Transactions 53 ?1 Essence of Private Inurement 55 ?2 Concept of Net Earnings 57 ?3 Requisite Insider 58 ?4 Types of Private Inurement 63 ?5 Private Inurement and Associations 84 ?6 Private Benefit Doctrine 86 ?7 Private Benefit and Associations 89 ?8 Excess Benefit Transactions 94 ?9 Associations and Intermediate Sanctions 106 Chapter Four Lobbying and Political Activities 109<...
