PADP 7210 Chapter Notes - Chapter 6: Internal Revenue Code, Registered Agent

• School: University of Georgia
• Department: Public Administration and Policy
• Course: PADP 7210
• Professor: Nesbit

Document Summary

Reading 6: organizational, operational, & related tests & doctrines. Hopkins, bruce r. organizational, operational, & related tests & doctrines. essay. If corporate form is used, governing instruments will be articles of incorporation & bylaws. If unincorporated form is used, governing instruments will be articles of organization (perhaps as constitution) & bylaws. & officers, voting requirements; procedure for forming committees; accounting period; indemnification provisions, appropriate tax provisions, & procedure for amendment of bylaws. Organizational test: to be tax-exempt as charitable entity, must be both organized & operated exclusively for one or more of the permissible exempt purposes. Operational test: concerned with how an organization functions in relation to applicable requirements for tax-exempt status, concerned with actual purposes the organization advances by means of its activities, parts of operational test. Exclusivity standard influence legislation: to be tax-exempt as charitable organization, entity must be organized & operated exclusively for exempt purposes, standard has grown more flexible over time.