Which of the following are qualified corporate sponsorship payments?
A)The amount of the payment by the corporation to the exempt organization is contingent on the attendance at one or more events.
B)The payment by the corporation is determined by the number of hits on the exempt organization's internet page.
C)The payment by the corporation to the exempt organization results in the corporate logo appearing in the exempt organization's monthly newsletter.
D)Only b.and c.
E)a.,b.,and c.

Question

Quizplus · Accepted Answer

Qualified corporate sponsorship payments are those where the sponsor receives no substantial return benefit other than the use or acknowledgment of the sponsor's name or logo. Option C fits this definition.

Which of the Following Are Qualified Corporate Sponsorship Payments