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Benefits for which an exempt organization may be eligible, other than exemption from Federal income tax, include which of the following: a. Businesses can claim
Benefits for which an exempt organization may be eligible, other than exemption from Federal income tax, include which of the following:
a. Businesses can claim advertising deductions for costs incurred to promote goods and services in publications
b. Donors of property to the exempt organization may qualify for charitable contribution deductions on their Federal or state income tax returns
c. Bondholders do not pay Federal income tax on interest earned from purchases of state-level debt.
d. All of the abov
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