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" Is to promote such common interest and not to engage in a regular business of a kind ordinarily carried on for profit. It is an organization of the same general class as a chamber of commerce or board of trade. Thus, its activities should be directed... "
Internal Revenue Cumulative Bulletin - Page 440
by United States. Internal Revenue Service - 1981
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The Code of Federal Regulations of the United States of America

1968 - 292 pages
...having some common business interest, the purpose of which is to promote such common interest and not to engage in a regular business of a kind ordinarily carried on for profit. It is an organization of the same general class as a chamber of commerce or board of trade. Thus, its...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1977 - 534 pages
...organization of the same general class as a chamber of commerce or board of trade. Thus, its activities should be directed to the improvement of business conditions...particular services for individual persons. An organization (7) Clubs organized and operated exclusively for pleasure, recreation, and other nonprofitable purposes,...
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The Code of Federal Regulations of the United States of America

1977 - 528 pages
...organization of the same general class as a chamber of commerce or board of trade. Thus, its activities should be directed to the improvement of business conditions...particular services for individual persons. An organization (7) Clubs organized and operated exclusively for pleasure, recreation, and other nonprofitable purposes,...
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Hearing Before the United States Commission on Civil Rights: Hearing Held in ...

United States Commission on Civil Rights - 1977 - 1150 pages
...law be deemed charitable, civic or educational; (2) it shall never be a purpose of the corporation to engage in a regular business of a kind ordinarily carried on for profit; (3) no part of the net earnings of the corporation shall inure to the benefit of, or be distributable...
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Miscellaneous Tax Bills: Hearing Before the Subcommittee on Miscellaneous ...

United States. Congress. House. Committee on Ways and Means. Subcommittee on Miscellaneous Revenue Measures - 1978 - 162 pages
...exemption, namely "to promote" the "common business interest" of the association members, and "not to engage in a regular business of a kind ordinarily carried on for profit." Regulations section 1.501 (c) (6)-l. This consistency is implemented by restricting the trade show...
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Senate Campaign Information

United States. Congress. Senate. Library - 1978 - 372 pages
...of commerce, organized to promote and improve business conditions in that line of commerce and not to engage in a regular business of a kind ordinarily carried on for profit, and no part of the net earnings of which inures to the benefit of any member. (b) Prohibition. Nothing...
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Tax-exempt Status of Private Schools: Hearings Before the Subcommittee on ...

United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight - 1979 - 600 pages
...having a common business interest, the purpose oj which is to promote such common interest ami not to engage in a regular business of a kind ordinarily carried on for profit. While some of the society's activities arc charitable or educational, the. activities cited in paragraphs...
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Description of Miscellaneous Tax Bills Listed for a Hearing Before the ...

United States. Congress. Joint Committee on Taxation, United States. Congress. House. Committee on Ways and Means - 1979 - 52 pages
...exemption, namely "to promote" the "common business interest" of the association members, and "not to engage in a regular business of a kind ordinarily carried on for profit." This consistency is implemented by restricting the trade show exemption to situations where one of...
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Miscellaneous Tax Measures: Hearing Before the Subcommittee on ..., Volume 1

United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures - 1979 - 200 pages
...exemption, namely "to promote" the "common business interest" of the association members, and "not to engage in a regular business of a kind ordinarily carried on for profit."* This consistency is implemented by restricting the trade show exemption to situations where one of...
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Hearings, Reports and Prints of the Joint Committee on Taxation

United States. Congress. Joint Committee on Taxation - 1979 - 1570 pages
...exemption, namely "to promote" the "common business interest" of the association members, and "not to engage in a regular business of a kind ordinarily carried on for profit." This consistency is implemented by restricting the trade show exemption to situations where one of...
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