Section 521

Section 521

A section of the Internal Revenue Code in the United States exempting cooperatives of farmers, fruit growers, and similar person from taxation. These cooperatives must file Form 1028 to apply for this exemption.
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In particular, this can be very apparent to Agriculture Cooperatives structured under Section 521 of the IRS Code.
Internal Revenue Code Section 521 and Subchapter T, which describe how cooperative corporations are required to calculate their taxable income, are silent on this issue.
need to be made to Section 521 (a) clarifying that the act applies to
8) The first paragraph of both section 521 and section 522 of the SCRA now states as follows: "Applicability of section.
Countrywide Share Option Plan under the provisions of Section 521 and Schedule
As is consistent with the text of the Act, the executive branch shall construe section 521 as relating to the integrity and supervision of the United States Secret Service only within the Department of Homeland Security.
The Rural Housing Service's (RHS) Section 521 Rental Assistance Program provides rental subsidies to about 250,000 rural tenants through 5-year contracts with project owners; 20-year contracts were also issued from 1978 through 1982.
2) At the same time, the exemption equivalent amount (now the applicable exclusion amount)--the amount that can pass free from estate tax--is scheduled to increase as follows, under EGTRRA Section 521 (a):
Legislative efforts were also initiated, which eventually resulted in late 1999 in the enactment of section 521 of Pub.
In addition, USDA Rural Housing Service provided 255 units of Section 521 Rental Assistance.
Farmer cooperatives that want access to the special tax deductions permitted under Internal Revenue Code section 521 and other benefits that come with section 521 status, must apply for, and receive, approval from IRS.
Edward Helfrick (R-Union), amends section 521 of the Game Code (relating to establishment and use of Game Fund) to increase the minimum allocation of $1.
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