applicable tax-exempt organization
Defined in 2 places of the United States Code.
For purposes of this subchapter, the term "applicable tax-exempt organization" means—
Source
- 1996–present26 U.S.C. § 4958Internal Revenue Code · Taxes on excess benefit transactions · for purposes of this subchapter
For purposes of this subchapter, the term “applicable tax-exempt organization” means—
(1) any organization which (without regard to any excess benefit) would be described in paragraph (3), (4), or (29) of section 501(c) and exempt from tax under section 501(a), and
(2) any organization which was described in paragraph (1) at any time during the 5-year period ending on the date of the transaction.
Source
- 2013–201826 U.S.C. § 4958Internal Revenue Code · Taxes on excess benefit transactions · for purposes of this subchapter
The term "applicable tax-exempt organization" means any organization which for the taxable year—
(A) is exempt from taxation under section 501(a),
(B) is a farmers' cooperative organization described in section 521(b)(1),
(C) has income excluded from taxation under section 115(1), or
(D) is a political organization described in section 527(e)(1).
Source
- 2017–present26 U.S.C. § 4960Internal Revenue Code · Tax on excess tax-exempt organization executive compensation · for purposes of this section