Examlex
A § 501(c)(3) organization exchanges its membership lists with another exempt organization. What are the Federal income tax consequences?
Merger
The combination of two or more companies into a single entity, usually to increase market share or efficiency.
Legal Entity
is an organization or entity that has legal rights and obligations, including the capability to enter into contracts and loans, sue, and be sued.
Merger
The combination of two or more companies into a single entity, usually to achieve synergies or improve competitive positioning.
Consolidation
The process of combining assets, liabilities, and other financial items of two or more entities into one. In financial accounting, it refers to the aggregation of financial statements of a group company as consolidated accounts.
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