...private shareholder or individual. Section 1.501 (c) (6)-l of the Income Tax Regulations provides that a business league is an association of persons having...interest, the purpose of which is to promote such common business interest and not to engage in a regular business of a kind ordinarily carried on for profit....

...from the performance of particular services for individual persons. An organization whose purpose is to engage in a regular business of a kind ordinarily carried on for a profit, even though the business is conducted on a cooperative basis or produces only sufficient...

...tax as a business league under the provisions of section 101 (7) of the Code, and that you are not an organization of the same general class as a chamber of commerce or board of trade within the meaning of Income Tax Regulations in [111], section 29.101 (7)-l. You will accordingly be...

...authorize exemption to associations having "some common business interest^" but not organizations which "engage in a regular business of a kind ordinarily carried on for profit" (reg. 1.501 (c) (6)-l). The lifeblood of the apparel and shoe field industries has, since World War...

...from the performance of particular services for individual persons. An organization whose purpose is to engage in a regular business of a kind ordinarily carried on for profit, even though the business is conducted on a cooperative basis or produces only sufficient income to...

...shareholder or individual." Section 1.501(c) (6)-l of the Income Tax Regulations provides, in part, that be treated as section 38 property. The preceding sentence...Nonlodging commercial facilities which are available to It is an organization of the same general class as a chamber of commerce or board of trade. Thus, its...

...Internal Revenue Service Regulation 1.501 (c) (6)-l defines a business league as used in paragraph (6) as "an association of persons having some common business...which is to promote such common interest, and not engage in a regular business of a kind ordinarily carried on for profit * * *." In contrast to the...

...or individual. Section 1.501 (c) (6) -1 of the Income Tax Regulations describes a business league as Q F 4 3V ^ Xh e 5 n] ܩ r 4 \* j Sl O+q iŪ \ wӃ5^ An exempt business league may generally make cash distributions to its members without loss of exemption...

...shareholder or individual. Section 1.501(c)(6)-l of the Income Tax Regulations defines a business league as an association of persons having some common business...business of a kind ordinarily carried on for profit. Its activities should be directed to the improvement of business conditions of one or more lines of...

...having some common busi ness interest, the purpose of which is to promote such common interest an< not to engage in a regular business of a kind ordinarily...the same general class as a chamber of commerce or i board of trade. Thus, its activities should be directed to the improvemen of business conditions...