Tax-Exempt Organization definition

Tax-Exempt Organization means a "governmental unit," as such term is used in Sections 141 and 148 of the Code.
Tax-Exempt Organization means a nonprofit organization, organized under the laws of the United States of America or any state thereof, that is an organization described in Section 501(c)(3) of the Internal Revenue Code, is exempt from federal income taxes under Section 501(a) of the Internal Revenue Code, and is not a “private foundation” within the meaning of Section 509(a) of the Internal Revenue Code, or corresponding provisions of federal income tax laws from time to time in effect.
Tax-Exempt Organization means any tax-exempt organization other than a governmental unit or a church or qualified church-controlled organization within the meaning of Code §3121(w)(3).

Examples of Tax-Exempt Organization in a sentence

  • The Application must be signed by the person having authority to enter into a binding contract for Non-Profit or Tax-Exempt Organization.

  • The provisions of this Article VIII apply to a Governmental Eligible 457 Plan and do not apply to a Tax-Exempt Organization Eligible 457 Plan.

  • If the Employer is a Tax-Exempt Organization, the Plan is an unfunded plan and all Deferred Compensation, property and rights to property purchased by Deferred Compensation and all income attributable thereto remain, until paid or made available under the Plan, the sole property and rights of the Employer, subject only to the claims of the Employer's general creditors.

  • In addition, in the case of a Transfer between Tax-Exempt Organization Eligible Plans, the recipient plans shall apply a Participant's distribution elections made under the transferor plan in accordance with Treas.

  • A Tax-Exempt Organization qualifies for development and set-up and to receive Historic TRACE Data under this paragraph (d)(1)(B) if it does not re-distribute such data in bulk, or it re-distributes such data in bulk or otherwise at no charge solely to Non-Professionals or other Tax- Exempt Organizations that agree to be subject to the same restrictions.


More Definitions of Tax-Exempt Organization

Tax-Exempt Organization means (i) a Person organized under the laws of the United States of America or any state thereof which is an organization described in Section 501(c)(3) of the Code, which is exempt from federal income taxation under Section 501(a) of the Code, and which is not a “private foundation” within the meaning of Section 509(a) of the Code, or corresponding provisions of federal income tax laws from time to time in effect, or (ii) a “governmental unit” as that term is used in Sections 103 and 145 of the Code.
Tax-Exempt Organization means a Governmental Unit or a 501(c)(3)
Tax-Exempt Organization means an organization described in
Tax-Exempt Organization means a nonprofit organization, organized under the laws of the United States of America or any state thereof, that is an organization described in Section 501(c)(3) of the Internal Revenue Code and is exempt from federal income taxes under Section 501(a) of the Internal Revenue Code, or corresponding provisions of federal income tax laws from time to time in effect.
Tax-Exempt Organization means a nonprofit corporation organized and existing under the laws of one of the states of the United States which is an organization described in Section 501(c)(3) of the Code, exempt from federal income taxes under Section 501(a) of the Code or any successor provision of similar import hereafter enacted.
Tax-Exempt Organization means an organization described in Section 501(c) of the Internal Revenue Service Code (26 U.S.C. § 501(c)).
Tax-Exempt Organization means a nonprofit organization, organized under the laws of the United States of America or any state, that is described in Code § 501(c)(3) and is exempt from federal income taxes under Code § 501(a).