section 521 farmers' cooperatives
GPTKB entity
Statements (27)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:public_company
botanist |
| gptkbp:canBe |
federally tax-exempt
|
| gptkbp:definedIn |
gptkb:Internal_Revenue_Code_Section_521
|
| gptkbp:eligibility |
tax-exempt status
|
| https://www.w3.org/2000/01/rdf-schema#label |
section 521 farmers' cooperatives
|
| gptkbp:mayEngageIn |
marketing agricultural products
processing agricultural products purchasing supplies for members |
| gptkbp:mustDistribute |
earnings to members
|
| gptkbp:mustFile |
gptkb:Form_990
|
| gptkbp:mustLimit |
dividends on capital
|
| gptkbp:mustMeet |
operational test
organizational test |
| gptkbp:mustNot |
benefit private interests
pay excessive compensation |
| gptkbp:mustRestrict |
voting rights to members
|
| gptkbp:mustServe |
producers of agricultural products
|
| gptkbp:notExemptFrom |
unrelated business income tax
|
| gptkbp:purpose |
marketing agricultural products
purchasing supplies for members |
| gptkbp:regulates |
gptkb:Internal_Revenue_Service
|
| gptkbp:requires |
operated on a cooperative basis
|
| gptkbp:subject |
gptkb:IRS_audit
|
| gptkbp:taxStatus |
income from business with members
|
| gptkbp:bfsParent |
gptkb:IRS_Form_1024
|
| gptkbp:bfsLayer |
6
|