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Association Law Blog: The IRS, Private Inurement and Non-Profit.
Association Law
MARCH 14, 2011
This is, of course, a summary, not an exhaustive review of the subject. Iowa 1951). If the answer to these kinds of questions is arguably “yes,” then it is time to carefully review the question with your lawyer or accountant. Indeed, even the IRS admits that it is unable to assign it a precise definition.
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