exempt purpose expenditures
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 4911 — for purposes of this section
The term “exempt purpose expenditures” means, with respect to any organization for any taxable year, the total of the amounts paid or incurred by such organization to accomplish purposes described in section 170(c)(2)(B) (relating to religious, charitable, educational, etc., purposes).
26 U.S.C. § 4911 — for purposes of this section
The term “exempt purpose expenditures” includes—
(i) administrative expenses paid or incurred for purposes described in section 170(c)(2)(B), and
(ii) amounts paid or incurred for the purpose of influencing legislation (whether or not for purposes described in section 170(c)(2)(B)).