The Resource Debt-financed income (Section 514), by Carla Neeley Freitag

Debt-financed income (Section 514), by Carla Neeley Freitag

Label
Debt-financed income (Section 514)
Title
Debt-financed income (Section 514)
Statement of responsibility
by Carla Neeley Freitag
Creator
Contributor
Subject
Language
eng
Summary
" ... describes and analyzes the tax treatment of income and deductions attributable to debt-financed assets owned by exempt organizations. Notwithstanding their general exemption from income taxation, exempt organizations are nevertheless subject to the unrelated business income tax, which taxes income from a regularly conducted trade or business that is unrelated to an organization's exempt purpose or function. Most passive investment income, such as dividends, interest, and rents, is excepted from the scope of the unrelated business income tax. If, however, investment income is derived from debt-financed property, all or part of the income and deductions with respect to the property must be included in computing unrelated business taxable income. The purpose of the debt-financed property rules is to prevent exempt organizations from unfairly competing with their taxable counterparts in the acquisition of businesses and other investment assets that are debt-financed."
Member of
Additional physical form
Also issued in print
Cataloging source
BNA
Characteristic
updating web site
http://library.link/vocab/creatorDate
1952-
http://library.link/vocab/creatorName
Freitag, Carla Neeley
Entry convention
integrated entry
LC call number
KF6289.A1
LC item number
T35 no. 465-2nd (INTERNET)
Nature of contents
  • dictionaries
  • bibliography
Regularity
complete irregular
http://library.link/vocab/relatedWorkOrContributorName
Tax Management Inc
Series statement
Estates, gifts, and trusts portfolios
Series volume
465-2nd
http://library.link/vocab/subjectName
  • Charitable uses, trusts, and foundations
  • Nonprofit organizations
Label
Debt-financed income (Section 514), by Carla Neeley Freitag
Instantiates
Publication
Note
  • ["Revises and supersedes 875 T.M., Debt-financing income (Section 514)."]
  • Title from title screen (viewed Mar. 23, 2015)
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
mixed
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Detailed analysis. Introduction -- Debt-financed property -- Acquisition indebtedness -- Determination of income and deductions from debt-financed property -- Working papers
Dimensions
unknown
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Publication frequency
Updated irregularly
Specific material designation
remote
System control number
(OCoLC)60448254
System details
Mode of access: World Wide Web
Label
Debt-financed income (Section 514), by Carla Neeley Freitag
Publication
Note
  • ["Revises and supersedes 875 T.M., Debt-financing income (Section 514)."]
  • Title from title screen (viewed Mar. 23, 2015)
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
mixed
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Detailed analysis. Introduction -- Debt-financed property -- Acquisition indebtedness -- Determination of income and deductions from debt-financed property -- Working papers
Dimensions
unknown
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Publication frequency
Updated irregularly
Specific material designation
remote
System control number
(OCoLC)60448254
System details
Mode of access: World Wide Web

Library Locations

    • Biddle Law LibraryBorrow it
      3400 Chestnut Street, Philadelphia, Pennsylvania, 19104, US
      39.954941 -75.193362
Processing Feedback ...