Exempt organization panel requests examples of joint ventures.The Exempt Organization Taxation Technical Resource Panel is preparing an Information Letter Request to the Internal Revenue Service containing examples of ancillary Subordinate; aiding. A legal proceeding that is not the primary dispute but which aids the judgment rendered in or the outcome of the main action. A descriptive term that denotes a legal claim, the existence of which is dependent upon or reasonably linked to a main claim. joint ventures between tax-exempt organizations and for-profit investors that would not jeopardize jeop·ard·ize tr.v. jeop·ard·ized, jeop·ard·iz·ing, jeop·ard·izes To expose to loss or injury; imperil. See Synonyms at endanger. the organization's exempt status. We are developing scenarios that illustrate situations not covered not covered Health care adjective Referring to a procedure, test or other health service to which a policy holder or insurance beneficiary is not entitled under the terms of the policy or payment system–eg, Medicare. Cf Covered. by the two extreme examples provided in Rev. Rul. 98-15. In addition, we will suggest that the IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. address whether or not each joint venture described would generate unrelated business income to the tax-exempt organization. Members are encouraged to e-mail examples of such joint ventures, as well as their suggested tax treatment, to lwinton@aicpa.org by Nov. 15, 2002. |
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