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Which of the following is a requirement for exempt status? A. Organization serves some type of common good. B. Organization does not exert political influence.

Which of the following is a requirement for exempt status?

A. Organization serves some type of common good.

B. Organization does not exert political influence.

C. The organization has not been subject to intermediate sanctions for the past three taxable years.

D. Both a. and b. are requirements for tax-exempt status.

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