Zeta Beta Tau Fraternity, Inc. v. Commissioner
United States Tax Court
Petitioner is a national college fraternity and is classified by respondent as a tax-exempt social club under sec. 501(c)(7), I.R.C. 1954. Held: Petitioner does not also qualify as a domestic fraternal organization under sec. 501(c)(10), I.R.C. 1954. Therefore, petitioner's unrelated business taxable income includes income from investments under sec. 512(a)(3)(A), I.R.C. 1954. Held, further, sec. 1.501(c)(10)-1, Income Tax Regs., is valid.
1Opinion of the Court
Zeta Beta Tau Fraternity, Inc., Petitioner v. Commissioner of Internal Revenue, Respondent
Zeta Beta Tau Fraternity, Inc. v. Commissioner
Docket No. 9419-78
United States Tax Court
87 T.C. 421; 1986 U.S. Tax Ct. LEXIS 64; 87 T.C. No. 23;
August 13, 1986, Filed
Decision will be entered for the respondent.
Petitioner is a national college fraternity and is classified by respondent as a tax-exempt social club under sec. 501(c)(7), I.R.C. 1954. Held: Petitioner does not also qualify as a domestic fraternal organization under sec. 501(c)(10), I.R.C. 1954. Therefore, petitioner's unrelated business…
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- J. C. Penney Company, Transferee v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1962
- McGlotten v. ConnallyDistrict Court, District of Columbia · 1972
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