2010 Arizona Revised Statutes
Title 43 - Taxation of Income
43-1217 Charitable contribution deduction disallowed where organization denied tax exempt status

43-1217. Charitable contribution deduction disallowed where organization denied tax exempt status

No gift or bequest for religious, charitable, scientific, literary or educational purposes, including the encouragement of art and the prevention of cruelty to children or animals, otherwise allowable as a deduction, may be allowed as a deduction if made to an organization which, in the income year of the organization in which the gift or bequest is made, is not exempt under section 43-1201, paragraph 4 by reason of the provisions of this article. With respect to any taxable year of the organization for which the organization is not exempt pursuant to the provisions of section 43-1212 by reason of having engaged in a prohibited transaction with the purpose of diverting the corpus or income and which taxable year is the same or prior to the taxable year of the organization in which such transaction occurred, such deduction shall be disallowed the donor only if it was a party to such prohibited transaction. For the purpose of this section, the term "gift or bequest" means any gift, contribution, bequest, devise, legacy or transfer.