A disqualified person is a person who has violated and been sanctioned under the Internal Revenue Code.

Question

Quizplus · Accepted Answer

A disqualified person in the context of the Internal Revenue Code primarily refers to individuals or entities that have a significant influence over a tax-exempt organization, such as officers, directors, or substantial contributors, rather than someone who has been sanctioned for violating the code.

A Disqualified Person Is a Person Who Has Violated and Been