 Civic leagues or organizations not organized for profit but operated exclusively for the promotion of social welfare, or local associations of employees, the membership of which is limited to the employees of a designated person or persons in a particular...  Internal Revenue Cumulative Bulletin - Page 156by United States. Internal Revenue Service - 1976Full view - About this book
 | Cch Editorial, CCH Editorial - Business & Economics - 2006 - 1688 pages
...stockholder or individual, are exempt from tax (Sec. 1902(b)(3), Tit. 30, Code). • Civic organizations Civic leagues or organizations not organized for profit...operated exclusively for the promotion of social welfare are exempt from corporation income tax (Sec. 1902(b)(4), Tit. 30, Code). • Clubs Clubs organized... | |
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