Sale to Foundation by Founder’s Nephews Not Self-Dealing
Author: Staff Editors.
Source: Volume 03, Number 01, November/December 2003 , pp.9-9(1)
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Abstract:
Self-dealing can be either direct or indirect. Either type will encounter the same penalty, but indirect self-dealing can be harder to identify. In a recent ruling, PLR 200333030, the IRS dealt with a complicated fact situation that potentially involved both types, and concluded that neither kind of self-dealing was present.Keywords:
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