The Downtown Wellness Clinic, a tax-exempt organization, sells memberships to corporations so that their employees can work

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The Downtown Wellness Clinic, a tax-exempt organization, sells memberships to corporations so that their employees can work out before and after office hours. Three blocks away, the Power Up Fitness Center has similar facilities and also wants to sell memberships to corporate neighbors. Is the Clinic subject to Federal income tax on its membership sales?

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Federal Tax Research

ISBN: 9780324659658

8th Edition

Authors: William A. Raabe, Gerald E. Whittenburg, Debra L. Sanders

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