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26 U.S.C. § 502

Feeder organizations

United States · Title 26 — INTERNAL REVENUE CODE · Status: effective

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26 U.S.C. § 502, Feeder organizations, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/462525
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An organization operated for the primary purpose of carrying on a trade or business for profit shall not be exempt from taxation under section 501 on the ground that all of its profits are payable to one or more organizations exempt from taxation under section 501. For purposes of this section, the term “trade or business” shall not include—

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