Common use of Group Tax Exemption Ruling Clause in Contracts

Group Tax Exemption Ruling. As of the Disaffiliation Date, Local Church shall cease to use, and also shall ensure that any affiliates of Local Church cease to use, any documentation stating that Local Church or any of its affiliates is included in the Internal Revenue Service group tax exemption ruling for The United Methodist Church that is administered by the General Council on Finance and Administration of The United Methodist Church. Local Church and any of its affiliates that have been included in the group tax exemption ruling will be removed from it without notice as of the Disaffiliation Date. Local Church or its successors shall be solely responsible for obtaining from the Internal Revenue Service its own ruling or determination letter regarding exemption from United States federal income tax.

Group Tax Exemption Ruling. As of the Disaffiliation Date, Local Church shall cease to use, and also shall ensure that any affiliates of Local Church cease to use, any documentation stating that Local Church or any of its affiliates affiliated is included in the Internal Revenue Service group tax exemption ruling for The the United Methodist Church that is administered by the General Council on Finance and Administration of The United Methodist Church. Local Church and any of its affiliates that have been included in the group tax exemption ruling will be removed from it without notice as of the Disaffiliation Date. Local Church or its successors shall be solely responsible for obtaining from the Internal Revenue Service its own ruling or determination letter regarding exemption from United States federal income tax.

Group Tax Exemption Ruling. As of the Disaffiliation Date, The Local Church shall cease to use, using any and also shall ensure that any affiliates of Local Church cease to use, any all documentation stating that the Local Church or any of its affiliates is included in the Internal Revenue Service United Methodist denomination’s group tax exemption ruling for The United Methodist Church that is administered by the General Council on Finance and Administration of The United Methodist Church. The Local Church shall also ensure that any of its affiliates which have been included in the group tax exemption ruling likewise cease using any and all such documentation. The Local Church and any of its affiliates that which have been included in the group tax exemption ruling will be removed from it without notice as of the Disaffiliation Closure Date. The Local Church or its successors and/or the New Entity shall be solely responsible for obtaining from the Internal Revenue Service its own ruling or determination letter regarding exemption from United States federal income taxtax exemption.