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Rev. Rul. 60-86, 1960-1 C.B. 198: The operation of extensive club facilities by an agricultural organization, exempt under Internal Revenue Code section 501(c)(5), is carrying on an unrelated trade or business as defined in Code section 513 and taxable under section 511.
Rev. Rul. 60-110, 1960-1 C.B. 121: Individual contributions to a university endowment association, in trust for use by the university, are not gifts to the university, and the additional deduction under Code section 170(b)(1)(A) does not apply to such contributions.
Rev. Rul. 60-143, 1960-1 C.B. 192: Social and recreational activities conducted by a university alumni association, incidental to its basic purpose of advancing the university's interests, do not preclude the organization from exemption under Code section 501(c)(3).
Rev. Rul. 60-169, 1960-1 C.B. 621: Federal credit unions satisfy their annual return filing requirement under Code section 6033 by a group return filed by the Bureau of Federal Credit Unions covering all exempt credit unions under its supervision.
Rev. Rul. 60-193, 1960-1 C.B. 195: An organization created to encourage greater participation in governmental affairs is not exempt as an educational organization under Code section 501(c)(3), but may qualify for exemption under section 501(c)(4) as an organization operated exclusively for the promotion of social welfare.
Rev. Rul. 60-206, 1960-1 C.B. 201: An exempt pension trust is taxable on income from leasing personal property to an industrial company.
Rev. Rul. 60-228, 1960-1 C.B. 200: An organization otherwise exempt as an agricultural organization described in Code section 501(c)(5) is subject to tax under section 511 on the unrelated business income resulting from services rendered to insurance companies and performance of property management services, in connection with insurance programs provided to its members and other local farmers.
Rev. Rul. 60-324, 1960-2 C.B. 173: A social club exempt under Code section 501(c)(7) may lose its exemption if it makes its club facilities available to the general public on a regular, recurring basis because it may then no longer be considered to be organized and operated exclusively for its exempt purposes.
Rev. Rul. 60-351, 1960-2 C.B. 169: A corporation whose sole activity is publishing and public sale of a magazine is not exempt under Code section 501(c)(3).
Rev. Rul. 60-364, 1960-2 C.B. 382: A state agency may file a group return, Form 990, covering all the exempt state-chartered credit unions under its control and supervision, in lieu of each individual credit union filing a separate return.
Rev. Rul. 60-384, 1960-2 C.B. 172: A wholly-owned state or municipal instrumentality which is a separate entity and which is organized and operated exclusively for purposes described in section 501(c)(3) of the Internal Revenue Code may qualify for exemption from federal income tax under section 501(a) as an organization described in section 501(c)(3).
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