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IRS Issues Final Regulations under IRC Section 509(a) for Type III Supporting Organizations
April 10, 2024ArticleIRS Issues Final Regulations under IRC Section 509(a) for Type III Supporting Organizations
April 10, 2024The Treasury Department and IRS on Oct. 13, 2023, released for publication in the Federal Register final regulations (T.D. 9981) providing guidance under Internal Revenue Code (IRC) Section 509(a) on the prohibition on certain gifts or contributions to Type I and Type III supporting organizations from persons who control a supported organization.
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