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Informationen zum Autor MICHAEL I. SANDERS is the lead partner of Blank Rome's Washington office's tax group with a large practice in the area of exempt organizations involving healthcare and low-income housing, associations and joint ventures between for-profits and nonprofits, as well as structuring New Markets Tax Credit transactions. He is also an adjunct professor at The George Washington University Law School and Georgetown University Law Center. He was recently honored in 2010 by The George Washington University Law School for his 35 years of teaching. Klappentext A comprehensive, revised, and expanded guide covering tax-exempt organizations engaging in joint ventures Joint Ventures Involving Tax-Exempt Organizations, Fourth Edition examines the liability of, and consequences to, exempt organizations participating in joint ventures with for-profit and other tax-exempt entities. This authoritative guide provides unbridled access to relevant IRC provisions, Treasury regulations, IRS rulings, and pertinent judicial decisions and legislative developments that impact exempt organizations involved in joint ventures. Features in depth analysis of the IRS's requirements for structuring joint ventures to protect a nonprofit's exemption as well as to minimize UBIT Includes sample models, checklists, and numerous citations to Internal Revenue Code sections, Treasury Regulations, case law, and IRS rulings Presents models, guidelines, and suggestions for structuring joint ventures and minimizing the risk of audit Contains detailed coverage of: new Internal Revenue Code requirements impacting charitable hospitals including Section 501(r) and related provisions; university ventures, revised Form 990, with a focus on nonprofits engaged in joint ventures; the IRS's emphasis on good governance practices; international activities by nonprofits; and a comprehensive examination of the New Market Tax Credits and Low Income Housing Tax Credits arena Written by a noted expert in the field, Joint Ventures Involving Tax-Exempt Organizations, Fourth Edition is the most in-depth discussion of this critical topic. Inhaltsverzeichnis Preface xi Acknowledgments xv Chapter 1: Introduction: Joint Ventures Involving Exempt Organizations 1 1.4 University Joint Ventures 1 1.5 Low-Income Housing and New Markets Tax Credit Joint Ventures 1 1.6 Conservation Joint Ventures 2 1.8 Rev. Rul. 98-15 and Joint Venture Structure 2 1.10 Ancillary Joint Ventures: Rev. Rul. 2004-51 2 1.14 The Exempt Organization as a Lender or Ground Lessor 2 1.15 Partnership Taxation 3 1.17 Use of a Subsidiary as a Participant in a Joint Venture 3 1.22 Limitation on Private Foundations' Activities That Limit Excess Business Holdings 4 1.24 Other Developments 4 Chapter 2: Taxation of Charitable Organizations 9 2.1 Introduction (Revised) 9 2.2 Categories of Exempt Organizations (Revised) 15 2.3 § 501(C)(3) Organizations: Statutory Requirements 20 2.4 Charitable Organizations: General Requirements 26 2.5 Categories of Charitable Organizations 27 2.6 Application for Exemption 31 2.7 Governance (Revised) 42 2.8 Form 990: Reporting and Disclosure Requirements (Revised) 50 2.9 Redesigned Form 990 54 2.10 The IRS Audit (Revised) 54 2.11 Charitable Contributions 60 Chapter 3: Taxation of Partnerships and Joint Ventures 71 3.1 Scope of Chapter 71 3.3 Classification as a Partnership 74 3.4 Alternatives to Partnerships 88 3.7 Formation of Partnership 88 3.8 Tax Basis in Partnership Interest 88 3.9 Partnership Operations 89 3.10 Partnership Distributions to Partners 90 3.11 Sale or Other Disposition of Assets or Interests 90 3.12 Other Tax Issues 91 ...
