QBank reports that:
"Private foundations investment income is taxable"
The only thing I can find that relates to this, is unrelated business income (e.g. a foundation to keep drugs off the street opens up a chain of burger restaurants).
QBank does not appear to be relating this only to unrelated business income, because the question referred to private foundations as being taxable when the other foundation types are not.
I think this is wrong - has anyone else come across this in QBank and/or have a justification? Sorry I didn't keep track of the Q number. |
发表于 2011-7-11 19:35
| 
