Which of the following taxes may be imposed on a private foundation?
A)Tax on self-dealing.
B)Tax on failure to distribute income.
C)Tax on excess business holdings.
D)Tax on taxable expenditures.
E)A private foundation can be subject to all of these taxes.

Question

Quizplus · Accepted Answer

In addition to the four taxes mentioned,a private foundation may have tax imposed on investment income and investments which jeopardize the charitable purpose.

Which of the Following Taxes May Be Imposed on a Private