 | United States. Court of Claims, Audrey Bernhardt - 1963 - 938 pages
...but is a business of a kind ordinarily carried on for profit. Section 101 of the Code provides that an organization operated for the primary purpose of...profit shall not be exempt under any paragraph of such section on the ground that all of its profits are payable to one or more organizations exempt... | |
 | United States. Court of Claims, Audrey Bernhardt - 1959 - 1028 pages
...on its educational activities. However, the subsidiary organization is not exempt from tax If It Is operated for the primary purpose of carrying on a trade or business which would be an unrelated trade or business (that is, unrelated to exempt activities) If regularly... | |
 | United States - 1953 - 1744 pages
...dividends, refunds, or rebates, are attributable to patronage occurring before the close of such year. For the purposes of this paragraph the term "trade or business" shall not include the rental by an... | |
 | United States - 1965 - 1110 pages
...organization described in this section, see section 117 of this title. § 502. Feeder organizations. An organization operated for the primary purpose of...trade or business for profit shall not be exempt under section 501 on the ground that all of its profits are payable to one or more organizations exempt under... | |
 | 1969 - 324 pages
...organization. § 1.502 Statutory provisions; feeder organizations. SEC. 502. Feeder organizations. An organization operated for the primary purpose of...trade or business for profit shall not be exempt under section 501 on the ground that all of its profits are payable to one or more organizations exempt under... | |
 | 1974 - 484 pages
...1.502 Statutory provisions; feeder organizations. SEC. 502. Feeder organizations. — (a) General rule. An organization operated for the primary purpose of...a trade or business for profit shall not be exempt from taxation under section 501 on the ground that all of its profits are payable to one or more organizations... | |
 | 1987 - 548 pages
...redesignated by TD 8100, 51 FR 31615. Sept. 4, 1986] § 1.502-1 Feeder organizations. (a) In the case of an organization operated for the primary purpose of carrying on a trade or business for profit, exemption is not allowed under section 501 on the ground that all the profits of such organization... | |
 | 1972 - 692 pages
...purpose of carrying on a trade or business for profit shall not be exempt from taxation under section 501 on the ground that all of its profits are payable to one or more organizations exempt from taxation under section 501. (b) Special rule. For purposes of this section, the term "trade or... | |
 | 1981 - 538 pages
...that it is a Communistinfiltrated organization. § 1.502-1 Feeder organizations. (a) In the case of an organization operated for the primary purpose of carrying on a trade or business for profit, exemption is not allowed under section 501 on the ground that all the profits of such organization... | |
 | 1971 - 324 pages
...542) ) [TD 7083, 36 FR 19997, Dec. 31, 1970] § 1.502—1 Feeder organizations. (a) In the case of an organization operated for the primary purpose of carrying on a trade or business for profit, exemption is not allowed under section 501 on the ground that all the profits of § 1.502-1 such organization... | |
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An organization operated for the primary purpose of carrying on a trade or business for profit... 
