Education Ath. Ass'n, Inc. v. Commissioner

EDUCATION ATHLETIC ASSOCIATION, INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Education Ath. Ass'n, Inc. v. Commissioner

No. 6396-98X

United States Tax Court

T.C. Memo 1999-75; 1999 Tax Ct. Memo LEXIS 83; 77 T.C.M. (CCH) 1525; T.C.M. (RIA) 99075;

March 10, 1999, Filed

Decision will be entered for respondent.

E is an entity exempt from Federal income tax under sec.

501(a), I.R.C., as an organization described in sec. 501(c)(3),

I.R.C. E's exempt activity involves primarily the promoting of

athletic education. On its Form 1023, Application for

Recognition of Exemption, E checked sec.…