Finanse publiczne · 15.12.1994

Exempt Organizations Not Required To File Annual Returns: Integrated Auxiliaries

This document contains proposed amendments to the regulations that exempt certain tax-exempt organizations from filing information returns. The proposed amendments affect integrated auxiliaries of churches. These proposed amendments incorporate the rules of Rev. Proc. 86-23, 1986-1 C.B. 564, into the regulations defining ``integrated auxiliary'' for purposes of determining what entities must file information returns. The new definition focuses on the sources of an organization's financial support in addition to the nature of the organization's activities.