Re: [atlarge-discuss] Re: [ga] Open call to join ICANNATLARGE.ORG

[eric@hi-tek.com]

Taxes - Gentlepeople - taxes.
e

Walter Schmidt wrote:

> On Mon, 30 Dec 2002, J-F C. (Jefsey)  Morfin wrote:
>
> > On 13:28 28/12/02, Eric Dierker said:
> > >If this is not a 501c3 group then what is it?
> > What the hell is a 501c3 group? Is that the same as a CI.1123.23(b) or
> > a NTU.12-r ? jfc
>
>    ...since you asked
>
>  TITLE 26 (the United States Internal Revenue Code, Title 26 of the U.S.
> Code (26 USC) ),
>  Subtitle A,
>  CHAPTER 1,
>  Subchapter F,
>  PART I,
>  Sec. 501. (Exemption from tax on corporations, certain trusts, etc.),
>  subsection (c): (List of exempt organizations),
>  (3): Corporations, and any community chest, fund, or foundation,
> organized and operated exclusively for religious, charitable, scientific,
> testing for public safety, literary, or educational purposes, or to foster
> national or international amateur sports competition (but only if no part
> of its activities involve the provision of athletic facilities or
> equipment), or for the prevention of cruelty to children or animals, no
> part of the net earnings of which inures to the benefit of any private
> shareholder or individual, no substantial part of the activities of which
> is carrying on propaganda, or otherwise attempting, to influence
> legislation (except as otherwise provided in subsection (h)), and which
> does not participate in, or intervene in (including the publishing or
> distributing of statements), any political campaign on behalf of (or in
> opposition to) any candidate for public office.
>
>  --- REgards, walts@dorsai.org Walter C. Schmidt, IT CPA  Blue(.) ---
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>  - - 52 Ken          http://www.dorsai.org/~walts/         Sun 57 - -
>

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