Public Educational Entity means any educational entity operated pursuant to any provisions of Title 15, Arizona Revised Statutes. (b) Transactions which, if conducted by any other person, would produce gross income subject to tax under this Chapter shall not be subject to the imposition of such tax if conducted entirely by a public educational entity; governmental entity, except "proprietary activities" of municipalities as provided by Regulation; or non-licensed business.
Public Educational Entity means Arkansas public school districts, charter schools, education service cooperatives, or any publicly-supported entity having supervision over public educational entities. “Public educational entity” does not include institutions of higher education.
Public Educational Entity means any educational entity operated pursuant to any provisions of Title 15, Arizona Revised Statutes. (b) Transactions which, if conducted by any other person, would produce gross income subject to tax under this Chapter shall not be subject to the imposition of such tax if conducted entirely by a public educational entity; governmental entity, except "proprietary activities" of municipalities as provided by Regulation; or non-licensed business. (c) Transactions which, if conducted by any other person, would produce gross income subject to the tax under this Chapter shall not be subject to the imposition of such tax if conducted entirely by a federally exempt organization or proprietary club with the following exceptions:(1) Transactions involving proprietary clubs and organizations exempt under 26 U.S.C. Section 501(c)(7), (8), and (9), where the gross revenue of the activity received from persons other than members and bona fide guests of members is in an amount in excess of fifteen percent (15%) of total gross revenue, as prescribed by Regulation. In the event this fifteen percent (15%) limit is exceeded, the entire gross income of such entity shall be subject to the applicable tax.(2) Gross income from unrelated business income as that term is defined in 26 U.S.C. Section 512, including all statutory definitions and determinations, the rules and regulations of the Commissioner of Internal Revenue, and his administrative interpretations and guidelines.
Examples of Public Educational Entity in a sentence
Name of Public Educational Entity: Name of Person Disclosing Transaction: Note: Fully complete this form and return to the administration office.NO TRANSACTION OR SERVICE MAY BE RENDERED UNTIL THIS FORM HAS BEEN COMPLETED AND APPROVED.
Name of Public Educational Entity:_________________________________________________ Name of Person Disclosing Transaction:_____________________________________________ Note: Fully complete this form and return to the administration office.NO TRANSACTION OR SERVICE MAY BE RENDERED UNTIL THIS FORM HAS BEEN COMPLETED AND APPROVED.
More Definitions of Public Educational Entity
Public Educational Entity means any educational entity operated pursuant to any provisions of Title 15, Arizona Revised Statutes.
Public Educational Entity means any public school or postsecondary educational institution;
Public Educational Entity means any educational entity operated pursuant to any provisions of ARS Title 15.