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COM 0458.001 1996-1998
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COM 0458.001 1996-1998
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Last modified
12/29/2015 3:04:05 PM
Creation date
5/10/2008 7:55:38 PM
Metadata
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Communications
Communications - Type
COM
Communications - Council Term
1996-1998
Communication
0458
Point
001
Author
Gerald Takase, Deputy Corporation Counsel
Communications - Referred To
COUNCIL
Comments
Council: Closed file - 12/17/97
Communications - File Code
ADM
Document Relationships
AGE COUNCIL 12/17/1997 1996-1998
(Related)
Path:
\Council Records\Agendas\1996-1998\Council
COM 0458.000 1996-1998
(Related)
Path:
\Council Records\Communications\1996-1998
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<br /> 09/10!97 7G:J3 'x`101 811 886Y CY:E:YU:T:S 1R5 002 <br /> Mr. TaXase: <br /> Reference out teleconference of 9/10/97. <br /> Transmitted herewith are pages from IRS Publication 78. This <br /> publication lists all organizations recognized as exempt from <br /> income taxes under section 501(c)(~) of the Internal Revenue Code. <br /> Contributions to such organizations are deductible by donors by <br /> reason of Section 170(c) of the Internal Revenue Code. <br /> Once exempt status is recognized, it continues until revoked <br /> by the Internal Revenue Service. As explained in the preface of <br /> Publication 78 (also transmitted herewith), the notation "until <br /> 1997^ following a listing indicates the tax exempt organization's <br /> F~IIN1)ATTON STATUS is to be determined after 1997. This has nothing <br /> to do with an organizations continuing recognition as a charitable <br /> organization under section 501(c)(3). That status remains in <br /> effect irrespective of whether an organization is a "private <br /> foundation'' or a "public charity.^ <br /> I hope this information is useful for you. <br /> 09/10/97 09:32 TX/RX N0.5400 P.002 <br /> <br />
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