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Respond to the following in a minimum of 175 words: Discuss how tax-exempt status is granted to public charities, private foundations, and commercial organizations. What

Respond to the following in a minimum of 175 words:

Discuss how tax-exempt status is granted to public charities, private foundations, and commercial organizations. What differences are there in terms of the criteria an organization must meet to be designated tax-exempt? What governing body decides on these criteria?

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