§ 3134(f)(2)

paragraph (1) does not apply

UNDECIDED

0 of 3 settled

  1. 1

    § 3134(f)(2)

    ANY OF

    Paragraph (1) shall not apply to—

    “any organization described in section 501(c)(1) and exempt from tax under section 501(a), or” § 3134(f)(2)(A) needs Step 2 Listed in § 501(c)(1) UNDECIDED
    “any entity described in paragraph (1) if— such entity is a college or university, or the principal purpose or function of such entity is providing medical or hospital care. In the case of any entity described in subparagraph (B), such entity shall be treated as satisfying the requirements of subsection (c)(2)(A)(i).” § 3134(f)(2)(B) needs Step 3 credit does not apply UNDECIDED
  2. 2

    § 501(c)(1)

    Listed in § 501(c)(1)

    ANY OF

    Any corporation organized under Act of Congress which is an instrumentality of the United States but only if such corporation—

    “is exempt from Federal income taxes— under such Act as amended and supplemented before July 18, 1984, or under this title without regard to any provision of law which is not contained in this title and which is not contained in a revenue Act, or” § 501(c)(1)(A)
    “is described in subsection (l).” § 501(c)(1)(B)
  3. 3

    § 3134(f)(1)

    credit does not apply

    ALL OF
    “to the Government of the United States, the government of any State or political subdivision thereof, or any agency or instrumentality of any of the foregoing.”