Word: taxexempt
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...Hayes Foundation of Grand Blanc, Mich.? It exists, however, and according to its records, it made recent grants of $2 each to the Easter Seal campaign, the American Cancer Society and the Muscular Dystrophy Association. But the size of its operations do not legally make a foundation any less taxexempt, and that is the point...
...Washington and distributed to the N.R.A.'s 800,000 members, who pay $5 annual dues and, if they are organized into gun clubs, also receive free ammunition and cut-rate weapons from the Defense Department. Since it is put out by a nonprofit organization, the Rifleman is taxexempt; in 1966, it earned a tax-free $1,365,054 in advertising revenue, 13% of it from mailorder gun houses...
...Society has declined to comment, but society officials said earlier that loss of its tax-exempt status might force a cutback in its scientific and educational activities. For the other side, cheers were led last week by former IRS Commissioner Mortimer Caplin, who has long fought to tax the taxexempt. "The business community is elated," he said. "This is a sound decision...
...states. While talking politics, Johnson also asked for federal laws to install "strong teeth and severe penalties" in the uncertain regulations applied by most states to get honest disclosures about campaign contributions. To encourage small contributions to candidates, he will move to make donations to political parties taxexempt...
...economic, cultural, educational, scientific or political relations." Other fellowships under the National Defense Education Act are aimed at helping graduate students prepare for teaching in U.S. colleges; they offer about $2,000 per year for three years, with annual allowances of $480 for each dependent. All such income is taxexempt, and the fellowships generally help bring about draft deferment...