Hidden Bibliographic Details
| Title varies: | Private foundations : excess business holdings
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| Other authors / contributors: | Wiktor, John R., author.
Stoneman, Christopher G., author.
Tax Management Inc., issuing body.
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| Frequency: | Updated irregularly
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| Notes: | Author: Christopher G. Stoneman, 2003-2010.
Published: Washington, D.C., 2003-2007.
Description based on contents viewed on August 14, 2019; title from description page.
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| Summary: | "Tax Management Portfolio, Private Foundations--Excess Business Holdings (Section 4943), No. 473-2nd, explains the application and operation of [section] 4943 of the Internal Revenue Code, which imposes an excise tax on the excess business holdings of private foundations and certain donor advised funds and supporting organizations. As a general rule, under [section] 4943, the combined holdings of a private foundation and its disqualified persons are limited to 20% of the voting stock in a business enterprise that is a corporation or 20% of the profits or beneficial interest in a business enterprise that is a partnership, limited liability company, joint venture or unincorporated association."
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| Other form: | Print version: Horwood, Richard M. Private foundations. Arlington, VA : Tax Management Inc., [2019]- 9781633593183
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