Exempt organizations: basis of property at the time of loss of exemption or transfer to taxable subsidiary.

The Tax AdviserVol. 24 Nbr. 3, March 1993

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Exempt organizations: basis of property at the time of loss of exemption or transfer to taxable subsidiary.

When an exempt organization with assets used in an exempt function transfers the assets to a taxable subsidiary or loses its exemption, the b...

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