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Which of the following is a not true statement about tax-exempt organizations? A. they must be organized to serve the charitable needs of the public
Which of the following is a not true statement about tax-exempt organizations? A. they must be organized to serve the charitable needs of the public at large. B. they must first become a not-for-profit corporation or charitable trust. C. they are permitted to do some political lobbying if guidelines are met. D. their unrelated business income is taxed at corporate income tax rates
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