MTAX 6455 - Tax Aspects Relating to Exempt Organizations

This course focuses on the statutory exemptions for “charities” and other entities organized under IRC section 501(c). It also addresses the political campaign activities, funds, and lobbying activities of political organizations and entities organized under IRC section 501(c); the “prohibited transactions” rules; private foundations; the “unrelated business income” tax; the dissolution of, and distribution of assets held by, exempt organizations; and the charitable contribution. Prereq:Grade of C (2.0) or higher in ACCT 6140 or ACCT 4410 or at least 6 credit hours of MTAX courses. Restriction: Restricted to graduate majors and NDGR majors with a sub-plan of NBA or CPA within the Business School. Max hours: 3 Credits. Semester Hours: 3 to 3