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2016 US Code
Title 26 - Internal Revenue Code
Subtitle D - Miscellaneous Excise Taxes
Chapter 42 - Private Foundations; and Certain Other Tax-Exempt Organizations
Subchapter D - Failure by Certain Charitable Organizations to Meet Certain Qualification Requirements
Sec. 4959 - Taxes on failures by hospital organizations
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| 26 U.S.C. § 4959 (2016) |
| §4959. Taxes on failures by hospital organizations |
|
If a hospital organization to which section 501(r) applies fails to meet the requirement of section 501(r)(3) for any taxable year, there is imposed on the organization a tax equal to $50,000. |
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(Added Pub. L. 111–148, title IX, §9007(b)(1), Mar. 23, 2010, 124 Stat. 857.) |
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EFFECTIVE DATE
Section applicable to failures occurring after Mar. 23, 2010, see section 9007(f)(3) of Pub. L. 111–148, set out as an Effective Date of 2010 Amendment note under section 501 of this title. |
| United States Code, 2012 Edition, Supplement 4, Title 26 - INTERNAL REVENUE CODE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 26 - INTERNAL REVENUE CODE Subtitle D - Miscellaneous Excise Taxes CHAPTER 42 - PRIVATE FOUNDATIONS; AND CERTAIN OTHER TAX-EXEMPT ORGANIZATIONS Subchapter D - Failure by Certain Charitable Organizations To Meet Certain Qualification Requirements Sec. 4959 - Taxes on failures by hospital organizations |
| section 4959 |
| 2016 |
| January 6, 2017 |
| No |
| standard |
| 124 Stat. 857 |
| Public Law 111-148 |
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