LAW7671 - Tax Exempt Organizations

LAW7671 - Tax Exempt Organizations

Course Number: 

7671

Type: 

Lecture

Credits: 

3

Prerequisite(s):

none

Not-for-profit organizations play a substantial role in the national economy, providing vital services in diverse areas such as education, health care, housing, social services, scientific and social scientific research, the media, and the arts. This course examines issues critical to these organizations. Topics to be considered include: the rationale for the nonprofit sector; tax exemption; the deductibility of contributions to some of these groups; constitutional issues in governmental determinations of exempt status; fiduciary standards; unfair competition concerns; corporate structures and affiliations; and fundraising and political action by nonprofit organizations.