Advocate for student loan rights denied (c)(3) exemption
The Tax Court has denied a 501(c)(3) charitable exemption to a California nonprofit corporation formed to advocate and litigate for the legal rights of federal student loan recipients. In response to a declaratory judgment suit by the organization, the Court has agreed with the IRS that the organization did not prove it would operate primarily for a charitable purpose and not to promote the private interests of its founder.
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