The Excise Taxes Such as the Tax on Self-Dealing and the Tax

question 135

True/False

The excise taxes such as the tax on self-dealing and the tax on excess business holdings are imposed on exempt organizations classified as private foundations and also are imposed on exempt organizations classified as public charities.

---

Definitions:

Representative

An individual or group chosen to act or speak on behalf of a larger body.

Reputation

A general belief or opinion about someone or something's character or quality.

Enthymeme

A shortened argument that omits a premise or conclusion, assuming it is obvious.

Hypothetical Syllogism

A form of logical argument where two conditional statements lead to a conclusion, assuming the first one implies the second.