The federal government's primary objective in regulating not-for-profit organizations through the income tax laws is to limit the number of exempt organizations that operate at any one point in time.

Question

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The federal government's primary objective in regulating not-for-profit organizations through the income tax laws is not to limit the number of exempt organizations that operate at any one point in time, but rather to ensure that these organizations are fulfilling their exempt purposes and not engaging in activities that would create an unfair advantage over for-profit organizations. The purpose of tax exemption is to encourage charitable, educational, and other activities that benefit society as a whole.

The Federal Government's Primary Objective in Regulating Not-For-Profit Organizations Through