26 USC 4967 - Taxes on prohibited benefits

U.S Code last checked for updates: Jan 18, 2025

§ 4967.

Taxes on prohibited benefits

(a)

Imposition of taxes

(1)

On the donor, donor advisor, or related person

(2)

On the fund management

(b)

Exception

(c)

Special rules

For purposes of subsection (a)—

(1)

Joint and several liability

(2)

Limit for management

(d)

Person described

(Added Pub. L. 109–280, title XII, § 1231(a), Aug. 17, 2006, 120 Stat. 1097.)

cite as: 26 USC 4967