target="_blank" rel="nofollow" href="#ulink_075ea8e7-f6bc-56b4-95f0-94fd6f47aec3">562 IRC § 512(b).563 563 IRC §§ 512(b)(1), (2), (3), and (5). Most of the controversy in this context centers on the scope of the term royalty. E.g., Sierra Club, Inc. v. Commissioner, 86 F.3d 1526 (9th Cir. 1996).
564 564 IRC §§ 512(b)(4) and 514. The unrelated debt-financed income rules are the subject of Tax-Exempt Organizations § 24.12.
565 565 IRC § 512(b)(13).
566 566 IRC §§ 512(b)(7), (8), and (9).
567 567 IRC § 512(b)(12).
568 568 IRC § 512(a)(6). Final regulations to accompany this statute were issued on November 19, 2020 (T.D. 9933); they are summarized in Tax-Exempt Organizations § 25.5(b) (2021 Cum. Supp.).
569 569 IRC § 512(b)(12).
570 570 IRC § 512(b)(6).
571 571 See § 2.1.
572 572 See § 2.1(f).
573 573 See § 2.3.
574 574 See § 2.2.
575 575 In one instance, an attempted bequest of a half-interest in real property failed to qualify for the estate tax charitable contribution deduction because the charitable recipient of the interest failed to accept it (Tech. Adv. Mem. 9443001).
576 576 An individual must itemize deductions to claim a charitable contribution deduction. See § 2.6. In one case, the business expense deduction for payments was denied because the payments were charitable gifts; however, the charitable deduction was denied because the individual taxpayer did not itemize deductions (Irwin v. Commissioner, 72 T.C.M. (CCH) 1148 (1996)).
577 577 See § 2.1(f).
578 578 See § 23.1.
579 579 See § 2.4.
580 580 See § 3.6.
581 581 See § 7.3.
582 582 See Part Three.
583 583 See § 8.5.
585 585 See § 2.7.
586 586 One entity that is not entitled to a charitable contribution deduction under any circumstance is a partnership. IRC § 703(a)(2)(C). Instead, when a gift is made from a partnership, each partner takes into account his, her, or its distributive share of the deduction. IRC § 702(a)(4); Reg. §§ 1.702-1(a)(4), 1.703-1(a)(2)(iv). In general, see § 4.18.
587 587 See § 2.3.
588 588 Rev. Proc. 2018-32, 2018-23 I.R.B. 739 § 2.01.
589 589 See § 2.4(a).
590 590 Rev. Proc. 2018-32, 2018-23 I.R.B. 739 § 2.03.
591 591 See Tax-Exempt Organizations § 28.5.
592 592 Id. § 28.4.
593 593 Rev. Proc. 2018-32, 2018-23 I.R.B. 739 § 3.01.
594 594 Id.
595 595 Id. § 3.04.
596 596 Id. § 4.01.
597 597 IRC § 6033(j). See Tax-Exempt Organizations § 28.5.
598 598 Rev. Proc. 2018-32, 2018-23 I.R.B. 739 § 4.02.
599 599 Id. § 4.03.
600 600 Id. § 4.04.
601 601 Id. § 4.05.
602 602 Id. § 4.06.
603 603 Id. § 5.01.
604 604 Id. § 7.01(1)-(3).
605 605 IRC § 4946(a)(1)(C)-(G).
606 606 Rev. Proc. 2018-32, 2018-23 I.R.B. 739 § 7.01(4), (5).
607 607
