Internal Revenue Code Section C


Definition of "Internal revenue code: section 501 (c)"

Reto Badraun
  Empire Network Realty

Portion of the federal tax code that determines which organizations are exempt from federal income taxation. These are generally nonprofit corporations, funds, and foundations for education, religious, charitable, or scientific purposes; civic leagues for general social welfare; fraternal beneficial societies, orders, or associations; and others.



Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ