Exempt from tax. Medical search. Frequent questions

The Exempt Organizations Business Master File Extract has information about organizations that have received a determination of tax-exempt status from IRS. (irs.gov)
For most nonprofit corporations (like 501(3)(c) organizations), maintaining tax-exempt status is paramount. (nolo.com)
Microdata files for all 2003 Forms 990 and 990-EZ sampled for the annual SOI studies of tax-exempt organizations. (irs.gov)
Main Data File - Contains data from returns of organizations exempt under IRC Subsections 501(c)(3) through (c)(9) in ASCII text format. (irs.gov)
Explanation of Codes - 2003 Exempt Organizations Study in Microsoft Word format. (irs.gov)
Record Element Specifications XLS - 2003 SOI Exempt Organizations Study in Microsoft Excel format. (irs.gov)
2003 IRS Form 990 Instructions PDF - 2003 SOI Exempt Organizations Study in Adobe Acrobat PDF format. (irs.gov)
2003 IRS Forms 990 and 990EZ PDF - 2003 SOI Exempt Organizations Study marked with the Name / Element Code in Adobe Acrobat PDF format. (irs.gov)
Tax-exempt organizations are still subject to some taxes. (christianpost.com)
Tax-exempt organizations that have paid employees are required to pay their share of these payroll taxes and withhold their employees' share, too. (christianpost.com)
IRS Publication 4077, Tax Exempt Bonds for 501(c)(3) Charitable Organizations , provides an overview of general rules under federal tax law that apply to qualified 501(c)(3) bond financing arrangements. (adelphi.edu)
Management service contracts between 501(c)(3) organizations and certain private parties under which private parties receive compensation for services provided with respect to a bond-financed facility may result in a loss of tax-exempt status of the bonds as a result of satisfying the private business use tests. (adelphi.edu)
Generally, certain agreements, where private entities (including the federal government) sponsor research through 501(c)(3) organizations that benefit from tax exempt bonds financing, may result in a violation of the private business tests. (adelphi.edu)
PTI's Senator Mohsin Aziz said the Federal Board of Revenue (FBR) should publicize the criteria for exempting charitable and non-profit organizations from levy of the income tax. (com.pk)
Mandviwalla said the powers to exempt nonprofit organizations from the purview of the income tax should be given to the FBR chairman instead of doing this through amendment in the income tax law. (com.pk)
The federal government has granted tax-exempt status to more than 60 controversial nonprofits branded by critics as "hate groups," including anti-immigrant and anti-gay-rights organizations, white nationalists, and Holocaust deniers, according to a Chronicle of Philanthropy analysis. (philanthropy.com)
The Chronicle analysis found that 55 of those organizations are registered as charities and eight are 501(c)(4) "social welfare" groups, which also enjoy tax exemptions. (philanthropy.com)
Still, some experts say organizations are increasingly pushing the boundaries of how far they can go and still meet the standard for tax exemption. (philanthropy.com)
The IRS grants tax-exempt status to organizations that exist for purposes that are most commonly educational, charitable, or religious. (philanthropy.com)
Letter to Treasury Secretary Steve Mnuchin and IRS Commissioner Charles Rettig urging a 90-day filing and payment extension for exempt organizations, including colleges and universities. (aplu.org)
Political threats to revoke the tax-exemption of pro sports organizations hold populist appeal. (time.com)
After all, how can commercial outfits that sell expensive tickets and generate millions of dollars for owners and players be considered non-profit organizations - and thus exempt from paying taxes? (time.com)
Holland & Knight's Nonprofit and Tax-Exempt Organizations Team, along with other attorneys from the firm's Jacksonville office, were honored on April 15, 2019, in appreciation of their pro bono work for the city after Hurricane Michael devastated the community in October 2018. (hklaw.com)
Our taxation, nonprofit and tax-exempt organizations attorneys provide in-depth representation on a variety of matters to help our clients achieve their goals. (hklaw.com)
The Internal Revenue Service denied tax-exempt status to 37 religious, charitable, and educational organizations in 2016, according to recent data from the agency. (freebeacon.com)
Attorney Jordan Sekulow, executive director of the American Center for Law and Justice, represents 37 conservative and pro-life nonprofit organizations encountered opposition from the IRS in getting their tax-exempt status approved. (freebeacon.com)
That means people like Koskinen and a lot of the bureaucrats like Lois Lerner that run the [exempt organizations division] and the different departments within the IRS need to be changed. (freebeacon.com)
Many tax-exempt organizations have to file on or before May 16. (drakesoftware.com)
To help exempt organizations comply with their filing requirements, the IRS provides a series of pre-recorded online workshops," said Robert Malone, Exempt Organizations and Government Entities Director. (drakesoftware.com)
For those organizations who need additional time to file, a six-month automatic extension is available by filing Form 8868, Application for Extension of Time to File an Exempt Organization Return. (drakesoftware.com)
Tax-exempt organizations requesting extensions are encouraged to file Form 8868 electronically. (drakesoftware.com)
The series covered a wide range of topics related to Tax-Exempt Organizations through thirteen individual sessions. (bonadio.com)

Find information about an organization's tax-exempt status and filings. (irs.gov)
These records help to preserve directors' limited personal liability and protect your organization's tax-exempt status. (nolo.com)

You'll want to organize these materials in a corporate records book, which should also contain a copy of your articles of incorporation, bylaws, and tax exemption determination letters from the IRS and your state tax agency, if applicable. (nolo.com)
Nonprofit corporations with a 501(c)(3) tax exemption (the most common) are not allowed to participate in political campaigns or contribute money to them. (nolo.com)
The council and a coalition of local government and investment interests called Municipal Bonds for America say lifting or capping the tax exemption would make the bonds less attractive to investors and force issuers to make higher-interest payments to make up the difference. (rollcall.com)
Lawmakers in 1986 limited the exemption to public-purpose bonds and subjected many bonds issued for private activities to the alternative minimum tax. (rollcall.com)
In August, a Facebook post went viral claiming that the annual cost of religious tax exemption was $71 billion and that "if the church paid taxes, everyone would only have to pay 3% taxes. (christianpost.com)
For example, the exemption doesn't apply to the payroll taxes that cover the costs of Medicare and Social Security for their paid employees," Kertscher wrote. (christianpost.com)
Jared Walczak of the Tax Foundation told the outlet that churches' actual federal tax exemption cost was $2.4 billion, not $71 billion. (christianpost.com)
In 2019, then-Democratic presidential primary candidate Beto O'Rourke declared at a CNN town hall that, if elected, he would end the tax exemption of churches, schools and charities that oppose same-sex marriage. (christianpost.com)
In general, Washington law doesn't provide a retail sales tax exemption for telecommunications used to provide Internet access per RCW 82.04.297. (mossadams.com)
We want to be careful about what we're requiring the public to subsidize through tax exemption and at the same time we want not to inhibit speech too much," said Eric Gorovitz, a lawyer with Adler & Colvin, a firm specializing in nonprofit law. (philanthropy.com)
4-H Clubs receive federal income tax exemption through a group exemption held by the Nebraska 4-H Foundation . (unl.edu)
In a memo to the league's teams and members of Congress, NFL commissioner Roger Goodell called the tax-exemption a "distraction," and said it has "been mischaracterized repeatedly in recent years. (time.com)
So repealing the NFL's tax exemption wouldn't create the windfall politicians want you to expect. (time.com)
Without the tax exemption, the NFL is under no legal obligation to release its commissioner's salary. (time.com)
Major League Baseball made a similar move in 2007, when it relinquished its tax exemption - and no longer had to disclose the pay of commissioner Bud Selig, which had exceeded $18 million. (time.com)
The Indian tax exemption coupon system and the prior approval system will be implemented immediately. (ny.gov)
Wholesale dealers may sell stamped packs of cigarettes to Indian nations and tribes and reservation cigarette sellers exempt from tax to the extent Indian tax exemption coupons are provided or to the extent prior approval is received from the Tax Department. (ny.gov)
When the Court ruled that Provena Covenant Hospital didn't merit a property tax exemption because it failed to provide adequate charity care, there was a brief frenzy of press speculation about the decision's impact on hospitals--but hospitals only. (huffpost.com)
The state legislature hasn't specified a percentage of charitable services required to support continued property-tax exemption. (huffpost.com)
I believe that making the 529 tax status permanent is the single most important development affecting college savings since the 2001 tax act first gave us the tax exemption," Hurley said. (incharge.org)
Ever since finance ministers agreed in principle to introduce a new tax on interest in December 1997, Brown has campaigned in public for an outright exemption for eurobonds - citing City claims that the tax could cost up to 110,000 London jobs. (politico.eu)
It provides tax exemption for the amounts paid as premium for life insurance as well as health insurance. (icicilombard.com)
As in life insurance and health insurance, government intervention looks essential through income tax exemption to propagate home insurance. (icicilombard.com)
The government provides a tax exemption on health insurance premium of up to ₹25,000 (₹30,000 for persons above the age of 60 years) and an additional up to ₹25,000 for health insurance for parents (₹30,000 in case parents are senior citizens). (icicilombard.com)
The income tax foregone by the government because of tax exemption on health insurance premium would be insignificant as only a small portion of the total premium is paid by individuals. (icicilombard.com)
The fiscal impact of income tax exemption for home insurance is likely to be inconsequential, while the gains that would accrue from spread of home insurance would be very significant. (icicilombard.com)
The state Senate approved the sales tax exemption language last week, as an amendment to a wide-reaching tax bill . (axios.com)
The Public Health Agency of Sweden may grant an exemption from the provision of the Alcohol Act that you must be an approved warehouse keeper or tax-exempt consumer in order to possess a distillation apparatus or parts thereof. (folkhalsomyndigheten.se)

I'm in my mid 50's and have extra money to invest after maxing out my 403b, etc., so I've been thinking of putting some in tax free state or municipal bonds. (marketplace.org)
Are there tax-free bonds that are designed to pay back the bondholders in some reliable way even if the state itself goes into default (e.g., a bridge that's contracted to pay its bondholders through its toll collections? (marketplace.org)
That said, tax-exempt bonds have been doing well over the past year. (marketplace.org)
So, I would seek a measure of safety by sticking with high-quality general obligation bonds, which are backed by the taxing power of the issuer. (marketplace.org)
Interest earned on the bonds that municipalities float to finance roads, sewers and other public-works projects has been exempt from the federal tax for almost a century. (rollcall.com)
Changing the bonds' tax-exempt status yields "a nice, big number on the federal government's balance sheet, but the tax consequence is the citizen is going to pay more," said Lars Etzkorn, program director at the National League of Cities. (rollcall.com)
last year proposed eliminating the issuance of new tax-exempt bonds and instead offering tax credits equal to 25 percent of the interest paid. (rollcall.com)
The Joint Committee on Taxation last year estimated that lifting the bonds' tax-exempt status completely would raise $124.4 billion over a decade. (rollcall.com)
The University finances certain capital projects through the issuance of qualified 501(c)(3) tax-exempt bonds. (adelphi.edu)
The Internal Revenue Service Code and Treasury Regulations as well as the Bond Documents set forth rules which must be satisfied both at the time the bonds are issued and during the entire term of the bonds in order for the bonds to maintain a tax-exempt status. (adelphi.edu)
It is the University's policy to comply with all applicable laws, regulations and contracts applicable to its tax-exempt bonds. (adelphi.edu)
There are general rules provided by the IRS involving public approval, registration, volume limitations and information filing regarding the issuance of qualified tax-exempt bonds. (adelphi.edu)
Regulations regarding the filing of information require that, upon issuance, issuers of tax-exempt bonds timely file IRS Form 8038, Information Return for Tax-Exempt Private Activity Tax-exempt Bond Issues. (adelphi.edu)
At the time of issuance, bond counsel reviews the University's compliance with all regulations related to the issuance of the tax-exempt bonds involving public approval, registration, volume limitations and information filing. (adelphi.edu)
For example, if construction of a dormitory is financed with the proceeds of tax-exempt bonds, then dormitory rooms that are rented to an outside, private organization would be considered private business use. (adelphi.edu)
The private business use percentages are then reported on IRS Form 990, (Return of Organization Exempt from Income Tax), Schedule K (Supplemental Information on Tax-Exempt Bonds). (adelphi.edu)
The single most important reason for the large volume of new issues of tax-exempt bonds during the 1990s has been the refunding of outstanding bonds. (brainmass.com)
107082 Refunding Net Present Value Refunding Net Present Value The city of Los Angeles issued $1,000,000 of 15 percent coupon, 20-year, annual payment, tax - exempt muni bonds 15 years ago. (brainmass.com)
Tax -free securities, such as municipal bonds , offer the potential for growth while at the same time providing income that is exempt from federal, state and local taxes. (brainmass.com)
Interest income received by holders of municipal bonds is often exempt from the federal income tax and from the income tax of the state in which they are issued, although municipal bonds issued for certain purposes may not be tax exempt . (brainmass.com)
However, the investors for municipal bonds are exempt from tax . (brainmass.com)
Therefore, it will increase the yield for the investors in municipal bonds while the investors who invest in corporations' bond will not be exempt from tax . (brainmass.com)
In 1984 Congress banned so-called federal guarantees of tax-exempt bonds but exempted a number of government sponsored enterprises (GSEs) who could issue LOCs including Fannie Mae, Freddie Mac and others. (gfoa.org)
Thus, the FHLBs had to cease issuing LOCs, (and some transactions had to be reconfigured) in order to avoid jeopardizing the tax-exempt status of the bonds. (gfoa.org)
This is for a number of reasons, but among them is the fact that tax-exempt facility bonds are not widely available. (dbia.org)
In response to this problem and to specifically tackle the challenge of social Infrastructure replacement, Congressman Mike Kelly (PA-03) has introduced H.R. 5361 making tax-exempt facility bonds available to schools, public hospitals, justice facilities, universities, police and fire stations. (dbia.org)
But the key for the private financier lies in the tax exempt status of these bonds. (dbia.org)
The plan, which is due to be unveiled at a meeting of national fiscal experts next Wednesday (5 May), is intended to ensure that a German proposal to allow holders of high-value bonds to escape the 20% tax is watertight, so preventing a migration of the eurobond market to New York and Zurich. (politico.eu)
British Finance Minister Gordon Brown's proposal would ensure that no tax would be withheld from interest 'coupons' paid to owners of bonds held in a clearing system such as Euroclear in Brussels or the Luxembourg-based Centrale de Livraison de Valeurs Mobilières (CEDEL). (politico.eu)
Brown's plan would ensure that any institutionally held bonds not traded through clearing houses were also exempt from the tax by setting a cash threshold for minimum bond holdings above which individual investors would be excluded from its scope. (politico.eu)

Learn how to protect your tax-exempt status while running a nonprofit corporation. (nolo.com)
Additionally, Walczak maintained that stripping churches of their tax-exempt status would only add 0.06% to the federal revenue. (christianpost.com)
The idea of eliminating tax-exempt status from churches has gained traction among Democrats in recent years. (christianpost.com)
The IRS revoked tax-exempt status for Americans for Truth About Homosexuality last year after it failed to file multiple required forms for three consecutive years, Ex-Gay Watch reports. (advocate.com)
The Internal Revenue Service revoked tax-exempt status last year for the antigay group Americans for Truth About Homosexuality, Ex-Gay Watch reports . (advocate.com)
The group's tax-exempt status was revoked in May 2010 after it failed to file multiple required 990 forms for three consecutive years. (advocate.com)
T he NFL announced Tuesday that it's voluntarily relinquishing its tax-exempt status. (time.com)
Our team assisted with respect to the city's formation of a nonprofit corporation as well as the nonprofit's application for recognition of tax-exempt status. (hklaw.com)
The Jacksonville team provided pro bono counsel to the municipal government with respect to the formation of a nonprofit corporation as well as its application for recognition of tax-exempt status. (hklaw.com)
The IRS rejected a total of 54 applications for tax-exempt status in 2016. (freebeacon.com)
As early as 2010, the IRS began targeting applicants for tax-exempt status based on their political ideology, delaying the applications of some Tea Party and conservative groups before the 2012 presidential election. (freebeacon.com)
To this day, some groups are still waiting for their tax-exempt status to be approved. (freebeacon.com)
One of these groups is still waiting for determination after filing for tax-exempt status in December 2009, which means it has been waiting for more than seven years. (freebeacon.com)
He suggested the decline in rejections this year was due to the overall decline in applications for tax-exempt status. (freebeacon.com)
Groups interested in issue advocacy or political involvement during the 2016 election likely filed for tax-exempt status the previous year. (freebeacon.com)
What I would expect is that many of those groups probably should be given tax exempt status," Sekulow said. (freebeacon.com)
President Donald Trump continues his focus on educational institutions Friday, tweeting he is telling the Treasury Department to "re-examine their Tax-Exempt Status. (fox17online.com)
The Internal Revenue Service oversees their tax-exempt status and requires paperwork be filed each year. (fox17online.com)
Included in the Pension Protection Act, passed by the House and Senate and expected to be signed by the president, was a provision to give permanent tax-exempt status to 529 college savings plans. (incharge.org)
But thanks to another law passed in 2001 and which took effect in 2002, state-sponsored 529 plans gained federal tax-exempt status. (incharge.org)
Since the change in the tax status of these accounts, an additional $74.4 billion has been added, according to Chris Hunter, program manager at the College Savings Plan Network. (incharge.org)
Still, 529 account sales would have been even higher without the threat that the tax-exempt status would sunset in 2010, says David Pearlman, chairman of the College Savings Foundation, a Washington, D.C.,-based non-profit organization. (incharge.org)
I was a fan of the 529 savings vehicle even when it wasn't a sure thing that it would retain tax-exempt status. (incharge.org)
These workshops are designed to assist officers, board members and volunteers with the steps they need to take to maintain their tax-exempt status, including filing annual information returns. (drakesoftware.com)
NFL tax exempt: Hang Up and Listen on Riley Cooper's redemption, the NFL's 501(c)(6) status, and the NBA's three-point barrage. (slate.com)
Is the NFL's Tax-Exempt Status a Huge Scandal or a Big Nonissue? (slate.com)
Slate 's sports podcast on Riley Cooper's invented "redemption" story, the NFL's tax-exempt status, and the NBA's three-point explosion. (slate.com)
They are also be joined by attorney Jeffrey Tenenbaum to discuss whether the NFL's tax-exempt status is a huge scandal or a big nonissue. (slate.com)
Gregg Easterbrook explains how NFL lobbying led Congress to confer tax-exempt status on the league in 1966 . (slate.com)
The Patient Protection and Affordable Care Act of 2010 (ACA) revised the federal tax-exempt status requirements for nonprofit hospitals. (cdc.gov)
To claim tax-exempt status, community benefit work must be transparent, concrete, measurable, and both responsive and accountable to identified community need. (cdc.gov)
CONCLUSIONS: Although tax-exempt status and increased community benefits spending were associated with increased social care services provision, the observation that certain hospital characteristics and state minimum community benefits spending requirements were associated with fewer social care services suggests opportunities for policy reform to increase social care services implementation. (bvsalud.org)
Code (IRC), inasmuch as non-profit grantees generally are bound by those limits in order to maintain their tax-exempt status. (cdc.gov)

The criteria for and amounts of allowances for travel expenses, to be considered exempt from tax in the 2018 taxation, shall be as prescribed in this decision below. (vero.fi)

Milton Cerny, a former technical advisor at the Internal Revenue Service who for five years oversaw tax exempt rulings at the IRS National Office in Washington, D.C., has joined law firm McGuireWoods LLP. (beckershospitalreview.com)
As with individual income tax returns, the Internal Revenue Service stresses the importance of sending in complete and accurate returns when submitting these tax-exempt informational returns. (drakesoftware.com)
The proposed law would establish a 20% tax rate for interest paid to an individual EU citizen by an institution in another member state, or a government could oblige its banks to tell non-residents' internal revenue service about interest they have received. (politico.eu)

In addition to keeping records of important decisions, your nonprofit corporation must record any financial transactions in a double-entry bookkeeping system and keep other financial records in order to file an annual corporate tax return. (nolo.com)
For more, see Nolo's article Tax Concerns When Your Nonprofit Corporation Earns Money . (nolo.com)
Nonprofits are hardly the only tax-exempt nongovernmental entities in the U.S. By happenstance, hook, and crook, for-profit corporations frequently don't pay taxes, get legislative bodies to exempt them from taxes, and they often pay their executives at levels that leave entire nonprofit budgets in the dust. (nonprofitquarterly.org)
Unlike other localities re-evaluating nonprofit tax exemptions, Illinois has bypassed the legislative process, allowing county assessors and the Department of Revenue to take the initiative. (huffpost.com)
MCT inc. is a nonprofit, tax-exempt 501c3 organization. (mctinc.org)

There can be no reward, no benefit, no tax break for anyone or any institution, any organization in America that denies the full human rights and the full civil rights of every single one of us," stated O'Rourke at the time. (christianpost.com)
However, the IRS has provided safe harbors regarding management service contracts between a for-profit entity and a tax-exempt organization when such service is provided in connection with a bond-financed facility. (adelphi.edu)
The result, Ex-Gay Watch notes: AFTAH 'can no longer be considered a 501(c)3 tax-exempt organization, and there is no process for appeal. (advocate.com)
Despite this, information on AFTAH's website as of Monday still claims that donations made to the organization, designated a hate group by the Southern Poverty Law Center, are tax-deductible. (advocate.com)
Many groups on the list vehemently dispute the "hate" designation and say the Southern Poverty Law Center - known as SPLC and itself a tax-exempt organization - is a left-wing attack group. (philanthropy.com)
Essentially, a tax-exempt organization is considered educational if it produces materials that are factually supported and which allow people to make up their mind about a particular viewpoint. (philanthropy.com)
Unlike regular income tax returns, many of these tax-exempt returns can only be filed electronically, providing the organization with speedy acknowledgements that the return has been filed with the IRS. (drakesoftware.com)

Therefore, at least once every three years, hospitals must conduct a community health needs assessment and adopt an implementation strategy-often called community benefit, Schedule H, or Form 990, which refer to the required tax forms. (cdc.gov)
For medical systems, and particularly tax-exempt hospitals, new requirements include community health assessments (CHAs) and implementation strategies to address identified health needs. (cdc.gov)
Tax-exempt hospitals are required to invest in community benefits, including social care services programs, though most community benefits spending is toward unreimbursed health care services. (bvsalud.org)
Tax-exempt hospitals offer about 36% more social care services than for-profit hospitals. (bvsalud.org)
Among tax-exempt hospitals, those that allocate more resources to community benefits spending offer more types of social care services, but those in states with minimum community benefits spending requirements offer fewer social care services. (bvsalud.org)
We identify social care services offered by US hospitals and determine whether hospital spending or state policies toward community benefits are associated with the provision of these services by tax-exempt hospitals. (bvsalud.org)
Descriptive statistics for types of social care services and hospital characteristics were calculated, with bivariate chi-square and t-tests comparing for-profit and tax-exempt hospitals. (bvsalud.org)
Multivariable Poisson regression was used to estimate associations between hospital characteristics and types of services offered and among tax-exempt hospitals to estimate associations between social care services and community benefits spending and policies. (bvsalud.org)
Among tax-exempt hospitals, greater community benefits spending is associated with offering more total (incidence rate ratio [IRR] = 1.10, p (bvsalud.org)

Even if governments went all-in on the taxation of churches, tossing out all the ordinary rules of taxation, they could only generate a few billion dollars, a drop in the bucket in a system with $3.8 trillion in federal tax collections and about $1.8 trillion in state and local tax collections," Walczak added. (christianpost.com)
Under RCW 82.08.0254, Washington must likewise exempt any sale that is prohibited from taxation under the laws of the United States. (mossadams.com)
Bordering Georgia, Florida and Tennessee don't have income taxes, while Alabama, North Carolina and South Carolina have exempted retirement pay from taxation. (wabe.org)
Giorgio is a Senior Lecturer in Indirect Taxation at the Department of Business Law of Lund University School of Economics and Management, where he is co-responsible for the indirect tax course track of the Master's in European and International Trade and Tax Law . (lu.se)
The Prize is named in honour of Maurice Lauré, who was instrumental in the first implementation of Value Added Tax (VAT) in France in the early 1950s, a system of taxation now applied in nearly 170 jurisdictions worldwide. (lu.se)

And this spring the Illinois Supreme Court decided that the state's constitutional provision exempting charities from property taxes applied not to all nonprofits but only to genuine charities. (huffpost.com)
An IRS Authorized e-File Provider can file these forms electronically for charities and other tax-exempt groups. (drakesoftware.com)

On May 10, 2017, the Washington State Department of Revenue issued Excise Tax Advisory (ETA) 3047.2017, which provides guidance addressing Washington State's tax treatment of Internet access and telecommunications used to provide Internet access under the federal Internet Tax Freedom Act (ITFA). (mossadams.com)
For example, if you're a Connecticut resident and you invest in the state's 529 savings plan, you can get a state income tax deduction of up to $5,000 ($10,000 for married couples filing jointly). (incharge.org)
Before that time, bars and taverns were exempted from the state's 1994 smoke-free indoor air law. (cdc.gov)

The Government Finance Officers Association supports legislation that would add the Federal Home Loan Banks System to the list of exempted government sponsored enterprises, thus allowing the Federal Home Loan Banks members banks to offer letters of credit to all tax-exempt bond issuers. (gfoa.org)
They believe debtors or bond issuers should withhold the tax themselves and want a system established which would repatriate tax revenue from Luxembourg to their treasuries. (politico.eu)

Muni yields are also attractive relative to comparable Treasuries, especially for those in top tax brackets. (marketplace.org)
The effort would resemble the legislation Congress enacted in 2005 to allow Louisiana, Mississippi and Alabama to issue debt to rebuild areas damaged by Hurricane Katrina and may at least temporarily slow calls to levy new taxes on the $3 trillion muni market. (rollcall.com)

You can check an organization's eligibility to receive tax-deductible charitable contributions (Pub 78 Data). (irs.gov)
In addition, the IRS watches charitable giving to tax-exempt institutions. (fox17online.com)
The following report lists the 2009 actual valuations of tax exempt property for the following types of property: religious institutions, literary societies and educational institutions, low rent housing, associations of war veterans, charitable and benevolent societies, libraries and art galleries, dwelling unit property, homes for soldiers, and racetracks. (iowa.gov)

Donations made to them before 6/10/2011 are still deductible by donors, though any income after revocation may be taxed and require filing of a federal return. (advocate.com)
But revocation of property tax exemptions poses an even bigger and longer-term threat than governments' failure to pay. (huffpost.com)

Even if we bent logic to treat churches as for-profit entities, and assumed an ordinary rate of profit for them, the tiny amount of additional revenue this would generate wouldn't budge individuals' effective tax rate at all. (christianpost.com)
The part one of the second schedule exempts incomes of entities and individuals from tax and the committee has recommended including the trust in part one of the second schedule, which has taken it out from the purview of the income tax law. (com.pk)
The government had proposed in the budget to exempt 15 entities from the purview of the income tax law. (com.pk)
It's time to correct the record, not in tabulating how much taxes nonprofits actually pay (and they do: as employers paying matching employees' FICA, as service providers frequently paying registration and licensing fees, as property owners paying user fees for water and sewerage, etc.), but in terms of how many tax-paying entities don't pay the taxes they are supposed to pay or receive tax rebates. (nonprofitquarterly.org)
According to the Association of American Universities , the vast majority of public and private universities and colleges are tax-exempt entities. (fox17online.com)

Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings. (nonprofitquarterly.org)

Removing religious tax exemptions from churches would not lower the tax rate for individuals in the United States, according to a recent analysis from the prominent fact-checking website PolitiFact. (christianpost.com)
Politicians, however, largely fail to explain the scope of these tax-exemptions - which are much more limited than they may appear. (time.com)
The NFL has historically filed as a 501 (c)(6) non-profit, which provides tax-exemptions for "business leagues, chambers of commerce, real estate boards, boards of trade, and professional football leagues. (time.com)
Those property-tax exemptions look mighty comfortable. (huffpost.com)
Policymakers may consider specifically incentivizing community benefits expenditures toward particular social care services, including linking tax exemptions to implementation, utilization, and outcome targets, to more directly help patients. (bvsalud.org)

This favorable tax treatment was scheduled to expire on Dec. 31, 2010. (incharge.org)
The favorable tax treatment authorized by the amendment expired in 1990-maybe that's where your professor got the idea that the Gallo law expired the next day. (straightdope.com)

Congress exempted municipal bond interest from federal income taxes in 1913. (rollcall.com)

This post addresses tax yields and related issues. (brainmass.com)

Prior to 2002, if you invested in a 529, earnings grew tax-deferred and when the money was withdrawn it was taxed at a child's rate. (incharge.org)

In the wake of the Ray Rice scandal last fall, New Jersey Senator Cory Booker, a Democrat, proposed similar legislation - and argued that taxes on these leagues could fund domestic violence programs. (time.com)
In the latest edition, there appears to be bipartisan support for new legislation to exempt Olympic athletes from paying taxes on their winnings. (crfb.org)
Acting Internal Market Commissioner Mario Monti's draft legislation is intended to hit individual tax evaders rather than institutional investors. (politico.eu)
A Washington law firm custom-tailored some legislation to allow the family to spread inheritance tax payments over several years. (straightdope.com)

The trust will also not be required to file an annual income tax return. (com.pk)

The simplest way to achieve this is to purchase tax exempt securities. (brainmass.com)

Iowa law requires each assessor in the state to value tax exempt property within his or her jurisdiction, and report such values to the Director of Revenue each year. (iowa.gov)

One reason why individuals are snapping up munis is a widespread expectation that federal and state taxes are heading higher. (marketplace.org)
The ITFA prohibits federal, state, and local governments from imposing discriminatory taxes on revenues derived from providing Internet access services. (mossadams.com)
Compared to the relatively small number of nonprofits with revenues and real estate, the for-profit sector's multiple navigation strategies to avoid federal, state, and local taxes leads to a basic question - which sector is the real tax-exempt sector? (nonprofitquarterly.org)
Check to see if your home state offers a state tax break. (incharge.org)
Sweden, the Netherlands and Denmark are sceptical that the basis of the plan - that banks specialising in paying interest to savers ('paying agents') should withhold tax from investors or send details to their home-state tax office - can work efficiently and fairly. (politico.eu)
Georgia would exempt up to $35,000 a year in military retirement income from state income tax under a bill passed Monday by the state House. (wabe.org)
Representatives voted 161-0 for House Bill 1064, under which the state is projected to forgo an estimated $55 million to $60 million in taxes annually. (wabe.org)
The first $35,000 of any retirement income for Georgia residents 62 to 64 is exempt from state income taxes, while the first $65,000 of retirement pay is exempt for Georgia residents 65 and older. (wabe.org)
Dear Straight Dope: Is it true that vintners Ernest and Julio Gallo got friendly politicians to pass a law for one day that allowed them to pass a large portion of their assets to family members without paying estate or gift taxes and the following day, after the exchange, the law reverted to its original state? (straightdope.com)
The highest appellate court in Massachusetts ruled Friday that the state cannot impose a capital gains tax on the sale of a tax-exempt urban development project, flipping a ruling by the. (law360.com)
Cribs, strollers and other baby gear would no longer be subject to state and local sales tax under a proposal included in a pair of Minnesota budget bills. (axios.com)
If signed into law, eligible purchases would be exempt from the state sales tax rate of 6.875%, plus any added local or metro-wide taxes. (axios.com)
While diapers are exempt in 15 states, sales taxes in most other places do apply to baby gear, a researcher with the National Conference of State Legislatures told Axios. (axios.com)
Tax receipts generated by higher-than-expected taxable sales revenues in bars and taverns can be used in numerous ways by state and local jurisdictions, including antismoking and other public health programs. (cdc.gov)

It's not a tragedy that people are asking whether Illinois nonprofits are worthy of favored tax treatment. (huffpost.com)

Applicants have until 1 February to finish submitting their supporting documents and to pay the application fee (or prove they are exempt) to University Admissions in Sweden. (lu.se)

2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion. (nonprofitquarterly.org)
6) Valero Energy, the 25th largest company in America with $68 billion in sales last year received a $157 million tax refund check from the IRS and, over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction. (nonprofitquarterly.org)
In several cases, such as Exxon Mobil and Bank of America, their zero tax rates in 2009 were simply an extension of the lack of taxes they paid the previous year. (nonprofitquarterly.org)

P3s are traditionally large projects that carry hefty price tags, so the benefit of financing a major share of the project tax-free is a boon for private investment and can be a major selling point for spending large sums of money on a public building or road. (dbia.org)
While, in the transportation sector, which is authorized to utilize tax-free financing, over $18 billion in P3 projects have been undertaken in the same time with a cost savings of nearly $5 billion. (dbia.org)

Wholesale dealers (including agents) are required to collect the cigarette excise tax and prepaid sales tax on all cigarettes sold for resale on an Indian reservation to non-Indians and non-members of an Indian nation or tribe. (ny.gov)

9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2007 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction. (nonprofitquarterly.org)
Though we at CRFB are big supporters of America's Olympic athletes, it's hard to see the policy justification for this new tax deduction. (crfb.org)

The Senate Standing Committee on Finance recommended exempting the income of the AWT on a proposal moved by PTI's Senator Faisal Saleem. (com.pk)
It is a hardship case and the committee can give recommendations to maintain the sales tax rate at current 10%," said Ahmed. (com.pk)
The standing committee also recommended maintaining the sales tax rate at 10% for the ginned cotton but the FBR chairman opposed the proposal. (com.pk)
Last month, Republican Congressman Jason Chaffetz, House Oversight Committee Chairman, told Reuters that "the National Football League should have to pay taxes like everybody else. (time.com)
House Defense & Veterans Affairs Committee Chairman Heath Clark, a Warner Robins Republican, said exempting military retirement pay "is the No. 1 issue that I hear people calling and asking us to do something regarding. (wabe.org)
Wednesday, February 1st, the House Tax Policy Committee is taking up HB 4134, sponsored by Rep. O'Brien (R-Portage) which exempts new housing construction from property taxes until the home is no longer on "development property" - essentially until it is transferred. (mml.org)

Hurricane Sandy could provide an unexpected boost to local governments and financial service firms that are trying to keep a proposal to tax municipal bond interest out of the debate over the fiscal cliff. (rollcall.com)
PPP's Senator Saleem Mandviwalla also backed the proposal to exempt the trust's income. (com.pk)
However, he signalled a willingness to compromise after the German presidency came up with a proposal last month to exempt the wholesale bond market while still taxing retail business. (politico.eu)

A specific requirement was the presentation of the applicant's National Insurance number, to ensure only one TESSA (tax free) account investment could be operated by the individual per year. (wikipedia.org)
The favourable tax treatment of a TESSA lasted for five years, and it was possible to invest up to £9,000, with a maximum investment of £3,000 in the first year and £1,800 in each of the second to fifth years (although, if the maximum was invested in the first four years, only £600 could be added in the fifth year). (wikipedia.org)
The league office is tax-exempt, but it generated just $9 million in income during the 2012 tax year. (time.com)
8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. (nonprofitquarterly.org)
A 2008 Government Accountability Office study found that more than half of U.S. companies doing business in the U.S. had paid no income taxes for at least one year between 1998 and 2005 and 42 percent had not paid taxes for at least two years. (nonprofitquarterly.org)
Earlier this year, the OECD issued a report highlighting the possibility of extending tax-related obligations to digital and sharing economy platforms. (lu.se)

While tax-exempt institutions don't pay income tax, they do pay other taxes, like payroll taxes on employees. (fox17online.com)

The 529 plans many people invest in now weren't always so tax-friendly. (incharge.org)
The more popular savings plan allows people to invest in a tax-free investment account. (incharge.org)

Five percent or less of tax-exempt bond issue proceeds may be used for private business purposes. (adelphi.edu)
The Controller's Office is responsible for calculating the percentage of tax-exempt debt-financed property that is used for private business for each tax-exempt bond issue. (adelphi.edu)
The ITFA doesn't prohibit the imposition of Washington's business and occupation (B&O) tax on either the sale of Internet access or the sale of telecommunications used to provide Internet access. (mossadams.com)
I've also been fortunate to have learned the tax business from the ground up here at Drake, starting with 1040.com online forms some years ago before moving on to work on the Web. (drakesoftware.com)
In order to manufacture spirits, wine, beer, other fermented alcoholic beverages and technical spirits, as a business practitioner you must be approved as a warehouse keeper or tax-exempt consumer for such goods. (folkhalsomyndigheten.se)

Awards of tangible personal property can qualify for a tax ion" aria-label="Link to exempt ion"> exempt ion. (synonym.com)

Cranston submitted the new tax rule as an amendment to another bill and helped push it through the Senate (which wasn't that difficult-Cranston brought the bill to the Senate floor on a rare Saturday session where it was passed with only a handful of senators present). (straightdope.com)
The Gallos decided that an amendment on the table could lower their inheritance taxes further still, so they lobbied for it. (straightdope.com)

However, the ITFA prohibits the imposition of retail sales tax on Internet access and telecommunications used to provide Internet access. (mossadams.com)
A Senate panel on Tuesday recommended exempting income of the Army Welfare Trust (AWT) from tax, which runs businesses for welfare of retired army personnel, and also rejected an increase in sales tax rate on import of machinery. (com.pk)
Someone purchasing a $230 infant car seat from a store in Minneapolis would save about $18, per the Department of Revenue's sales tax calculator . (axios.com)

The University engages outside bond counsel to assist in timely reviewing compliance with all regulations for its tax-exempt bond issues. (adelphi.edu)
The federal tax rules discussed in Publication 4077 include, but are not limited to information filing and other requirements related to issuance, the proper and timely use of bond-financed property and arbitrage yield restriction and rebate requirements. (adelphi.edu)
Form 8038 is completed by bond counsel at the time of issuance and it is included as part of the Closing Documents for each tax-exempt bond issue. (adelphi.edu)
The University's bond counsel reviews the University's intended use of all projects funded by tax-exempt bond issues at the time of issuance. (adelphi.edu)
First, these banks were not issuing many LOCs for tax-exempt bond transactions.1 Second, they did not believe that this type of transaction would be considered a federal guarantee since the federal government does not back the FHLB. (gfoa.org)
What is a tax-exempt facility bond? (dbia.org)

In addition, an annual tax declaration (also signed by the Director-General) must be submitted, even though the Foundation is exempt from tax. (who.int)

Note that several of these corporations actually received tax rebates, putting their effective tax rates into the realm of negative percentages. (nonprofitquarterly.org)

At that time, the FHLBs did not attempt to have themselves added to the exempt list for several reasons. (gfoa.org)
Before the tax-free benefit, states and financial advisers were having a tough time selling this investment vehicle. (incharge.org)
As with regular income tax returns, extending the time to file doesn't give the filer more time to pay any tax that may be due. (drakesoftware.com)

This session focused on how hospital and healthcare systems can utilize the 990 to tell their tax-exempt story and promote sound governance. (bonadio.com)

Anatomy6

Organisms3

Diseases6

Chemicals and Drugs9

Analytical, Diagnostic and Therapeutic Techniques and Equipment3

Phenomena and Processes10

Anthropology, Education, Sociology and Social Phenomena7

Technology, Industry, Agriculture3

Humanities1

Information Science2

Health Care12

Geographicals1

Organizations32

Organization's tax-exempt2

Exemption28

Bonds30

Status33

20181

Internal Revenue3

Nonprofit5

Organization7

Hospitals9

Taxation5

Charities2

State's3

Issuers2

Muni2

Charitable3

Revocation2

Entities5

Filings1

Exemptions5

Favorable tax treatment2

Congress1

Yields1

Withdrawn1

Legislation4

Income tax re1

Securities1

Revenue1

State14

Nonprofits1

Sweden1

America3

Financing2

Excise1

Deduction2

Committee6

Proposal3

Year6

Payroll taxes1

Invest2

Business5

Qualify1

Amendment2

Sales tax3

Bond6

Annual1

Corporations1

Time3

Utilize1