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A § 501(c)(3) Organization Exchanges Its Membership Lists with Another

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A § 501(c)(3) organization exchanges its membership lists with another exempt organization. What are the Federal income tax consequences?


Definitions:

Solar Cell

A device that converts light into electrical energy through the photovoltaic effect, commonly used in solar panels for power generation.

Photovoltaic Cell

A type of electrical device that converts the energy of light directly into electricity by the photovoltaic effect.

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Art created during the Paleolithic era, characterized by cave paintings, carvings, and other primitive forms of artistic expression.

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