Match the following statements.
a. Distribution of such items is not considered an unrelated trade or business if they are "low-cost items".
b. Is considered an unrelated trade or business if the amount received is contingent upon the level of attendance at one or more events
c. Is considered an unrelated trade or business if legally it can be conducted by commercial (for-profit) entities.
d. A trade or business that consists of either renting or exchanging these with another exempt organization is not an unrelated trade or business.
-Branded calendars
Correct Answer:
Verified
Q61: Match the following statements.
-Form 990.
A)Exempt from tax
Q81: Match the following tax forms.
-Form 1023
A)Return of
Q90: Spirit, Inc., a § 501(c)(3) organization, is
Q95: Help, Inc., a tax-exempt organization, incurs lobbying
Q99: Match the following tax forms.
-Form 1024
A)Return of
Q100: Match the following statements.
-Membership lists
A)Distribution of such
Q106: Rattler, Inc., an exempt organization, trains disabled
Q108: Assist, Inc., a § 501(c)(3) organization, receives
Q114: Restful, Inc., a § 501(c)(3) exempt organization,
Q116: First Americans, Inc., a § 501(c)(3) organization,
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