The book Schedule of Present Federal Excise Taxes Jcs-2-89 was written by author United States. Congress. Joint Committee On Taxation Here you can read free online of Schedule of Present Federal Excise Taxes Jcs-2-89 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Schedule of Present Federal Excise Taxes Jcs-2-89 a good or bad book?
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4911)... Charitable organi- zations disquali- fied from tax- exempt status be- cause of lobbying expenditures (sec. 4912) Tax of 25 percent of excess bying expenditures. b. Private foundation activities: Self-dealing (sec. 4941) Tax of 5 percent of lobbying penditures on the orgar tion; 5-percent tax also on manager. Initial tax. — 5 percent of amount of self-dealing on self-dealer; 2y2 percent foundation manager (up $10,000). Additional tax. — If the self-d ing is not corrected within correcti...on period, there i tax of 200 percent of amount on the self-dea also, a tax of 50 percent o foundation manager (up $10,000). 13 Tax (and Code section) Tax rates . "Penalty" excise taxes (Cont) Failure to distrib- ute income (sec. 4942) Initial tax. — 15-percent tax on the foundation on the amount remaining undistributed at the beginning of the second (or succeeding) taxable year. Additional tax. — If not correct- ed, there is an additional tax of 100 percent of the amount not distributed at the end of the correction period.
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