Abstract
The federal tax law provides tax exemption for qualified labor, agricultural, and horticultural organizations. No part of the net earnings of this type of an organization may inure to the benefit of any member. The principal purpose of a tax-exempt labor organization is to engage in collective action to better the working conditions of individuals engaged in a common pursuit. Regarding agricultural organizations, the principal tax issue is likely to be the scope of the term agricultural. Unlike the term farmer, it is clear that the term agriculture, for federal tax purposes, is to be liberally construed. Thus, for example, an organization that annually hosted a rodeo was recognized as being a tax-exempt agricultural organization. Controlled Vocabulary Terms Federal taxation; Non profit organizations; Tax exemption; Tax law
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