Internal Revenue Code Section 521
GPTKB entity
Statements (19)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:United_States_federal_law
|
| gptkbp:administeredBy |
gptkb:Internal_Revenue_Service
|
| gptkbp:appliesTo |
farmers' cooperatives
|
| gptkbp:citation |
26 U.S.C. § 521
|
| gptkbp:codifiedIn |
gptkb:Title_26_of_the_United_States_Code
|
| gptkbp:enactedBy |
gptkb:United_States_Congress
|
| gptkbp:establishesRequirementsFor |
cooperatives seeking tax exemption
|
| https://www.w3.org/2000/01/rdf-schema#label |
Internal Revenue Code Section 521
|
| gptkbp:partOf |
gptkb:Internal_Revenue_Code
|
| gptkbp:prohibits |
profit distribution to non-members
|
| gptkbp:provides |
tax exemption
|
| gptkbp:relatedTo |
tax-exempt organizations
cooperative associations agricultural cooperatives |
| gptkbp:requires |
cooperatives to operate for the benefit of members
distribution of savings to members one vote per member |
| gptkbp:bfsParent |
gptkb:section_521_farmers'_cooperatives
|
| gptkbp:bfsLayer |
7
|