![](https://d3ilqtpdwi981i.cloudfront.net/92rluWHZHIgQMGPo0hhb5fxn5Ls=/0x0:576x745/425x550/smart/https://bepress-attached-resources.s3.amazonaws.com/uploads/c1/8f/65/c18f65c4-3397-4a16-bde8-e0b8aab59523/472.png)
Book
Tax Management Portfolio, Private Foundations — Distributions (Section 4942), No. 472
(2015)
Abstract
Tax Management Portfolio, Private Foundations — Distributions (Section 4942), No. 472, discusses in detail the distribution requirements imposed upon private foundations by §4942. Section 4942, enacted by the Tax Reform Act of 1969 as part of a comprehensive effort to regulate private foundations, exacts an excise tax upon the failure of a private foundation to make “qualifying distributions” in the amounts required by the statute.
Keywords
- Tax,
- Tax Law,
- Private Foundations,
- Excise Tax,
- Distributions
Publication Date
2015
Publisher
BNA
Citation Information
Wilson, 472 T.M., Private Foundations — Distributions (Section 4942)