May 6, 2015
9:47:48am
9:47:48am
Assuming it's a 501(c)(3), company B has to be organized and operated exclusivel
exclusively for the exempt purpose. There's also a requirement that none of the earnings benefiting a private individual. If the CEO's involvement is violating any of these fundamental requirements, then he can cause it to lose the tax exempt status.
- Previous username
- Mark Harlan
- Bio page
- BYUMizzou
- Joined
- Aug 25, 2010
- Last login
- Jun 6, 2024
- Total posts
- 38,418 (8,707 FO)
