"... discusses in detail the distribution requirements imposed upon private foundations by [section] 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."
Authors: Thomas J. Schenkelberg and Virginia C. Gross, Published in Washington, D.C., 2004-2007. Published as Tax Management portfolio 880-2nd, -2015.
Bibliography, etc. Note
Includes bibliographical references.
Formatted Contents Note
Detailed analysis. Introduction Required distributable amount Qualifying distributions Calculation of undistributed income Tax on failure to distribute income Working papers.
Digital File Characteristics
System Details Note
Mode of access: World Wide Web.
Available in Other Form
Print version: Wilson, Elaine Waterhouse. Private foundations--distributions (section 4942). Arlington, VA : Tax Management Inc., -