{"product_id":"joint-ventures-involving-tax-exempt-organizations-isbn-9781118317112","title":"Joint Ventures Involving Tax-Exempt Organizations","description":"\u003cb\u003eA comprehensive, revised, and expanded guide covering tax-exempt organizations engaging in joint ventures\u003c\/b\u003e  \u003cp\u003e\u003ci\u003eJoint Ventures Involving Tax-Exempt Organizations, Fourth Edition\u003c\/i\u003e examines the liability of, and consequences to, exempt organizations participating in joint ventures with for-profit and other tax-exempt entities. This authoritative guide provides unbridled access to relevant IRC provisions, Treasury regulations, IRS rulings, and pertinent judicial decisions and legislative developments that impact exempt organizations involved in joint ventures.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eFeatures in depth analysis of the IRS's requirements for structuring joint ventures to protect a nonprofit's exemption as well as to minimize UBIT\u003c\/li\u003e \u003cli\u003eIncludes sample models, checklists, and numerous citations to Internal Revenue Code sections, Treasury Regulations, case law, and IRS rulings\u003c\/li\u003e \u003cli\u003ePresents models, guidelines, and suggestions for structuring joint ventures and minimizing the risk of audit\u003c\/li\u003e \u003cli\u003eContains detailed coverage of: new Internal Revenue Code requirements impacting charitable hospitals including Section 501(r) and related provisions; university ventures, revised Form 990, with a focus on nonprofits engaged in joint ventures; the IRS's emphasis on good governance practices; international activities by nonprofits; and a comprehensive examination of the New Market Tax Credits and Low Income Housing Tax Credits arena\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWritten by a noted expert in the field, \u003ci\u003eJoint Ventures Involving Tax-Exempt Organizations, Fourth Edition\u003c\/i\u003e is the most in-depth discussion of this critical topic.\u003c\/p\u003e \u003cp\u003ePreface xxv\u003c\/p\u003e \u003cp\u003eAcknowledgments xxix\u003c\/p\u003e \u003cp\u003eAbout the Author xxxi\u003c\/p\u003e \u003cp\u003eChapter 1: Introduction: Joint Ventures Involving Exempt Organizations 1\u003c\/p\u003e \u003cp\u003eChapter 2: Taxation of Charitable Organizations 49\u003c\/p\u003e \u003cp\u003eChapter 3: Taxation of Partnerships and Joint Ventures 193\u003c\/p\u003e \u003cp\u003eChapter 4: Overview: Joint Ventures Involving Exempt Organizations 291\u003c\/p\u003e \u003cp\u003eChapter 5: Private Benefit, Private Inurement, and Excess Benefit Transactions 409\u003c\/p\u003e \u003cp\u003eChapter 6: Engaging in a Joint Venture: The Choices 489\u003c\/p\u003e \u003cp\u003eChapter 7: Exempt Organizations as Accommodating Parties in Tax Shelter Transactions 561\u003c\/p\u003e \u003cp\u003eChapter 8: The Unrelated Business Income Tax 577\u003c\/p\u003e \u003cp\u003eChapter 9: Debt-Financed Income 669\u003c\/p\u003e \u003cp\u003eChapter 10: Limitation on Excess Business Holdings 697\u003c\/p\u003e \u003cp\u003eChapter 11: Impact on Taxable Joint Ventures: Tax-Exempt Entity Leasing Rules 709\u003c\/p\u003e \u003cp\u003eChapter 12: Healthcare Entities in Joint Ventures 729\u003c\/p\u003e \u003cp\u003eChapter 13: Low-Income Housing, New Markets, Rehabilitation, and Other Tax Credit Programs 939\u003c\/p\u003e \u003cp\u003eChapter 14: Joint Ventures with Universities 1101\u003c\/p\u003e \u003cp\u003eChapter 15: Business Leagues Engaged in Joint Ventures 1171\u003c\/p\u003e \u003cp\u003eChapter 16: Conservation Organizations in Joint Ventures 1199\u003c\/p\u003e \u003cp\u003eChapter 17: International Joint Ventures 1235\u003c\/p\u003e \u003cp\u003eChapter 18: The Exempt Organization as Lender or Ground Lessor 1291\u003c\/p\u003e \u003cp\u003eChapter 19: Debt Restructuring and Asset Protection Issues 1335\u003c\/p\u003e \u003cp\u003eIndex 1399\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eMICHAEL I. SANDERS\u003c\/b\u003e is the lead partner of Blank Rome's Washington office's tax group with a large practice in the area of exempt organizations involving healthcare and low-income housing, associations and joint ventures between for-profits and nonprofits, as well as structuring New Markets Tax Credit transactions. He is also an adjunct professor at The George Washington University Law School and Georgetown University Law Center. He was recently honored in 2010 by The George Washington University Law School for his 35 years of teaching.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePraise for joint ventures involving tax-exempt organizations\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003cb\u003e\u003ci\u003eFourth Edition\u003c\/i\u003e\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"I have been regularly reading and relying on Mike Sanders's editions of \u003ci\u003eJoint Ventures Involving Tax-Exempt Organizations\u003c\/i\u003e since publication of the first (in 1994); the (now) four volumes stand on constant duty within close reach. His blend of scholarship and practical experience has thus informed and enhanced my law practice and writing for over twenty years. This new edition of \u003ci\u003eJoint Ventures\u003c\/i\u003e is a carefully crafted journey through joint venture law and general federal tax law for nonprofit organizations, beginning with the fundamentals, then stops to explore collateral concepts (such as the excess benefit transactions rules, tax shelter transactions rules, and the unrelated business law), culminating in the heart of the worth of this book, which is Mike's treatment of ventures involving healthcare institutions and universities, and international venturing. Even ventures concerning business leagues and conservation organizations are accorded meaningful treatment. Overall, I do not believe it is possible to have an exempt organizations law practice of any consequence without ongoing consultation of Mike Sanders's now updated book.\"\u003cbr\u003e \u003cb\u003e—Bruce R. Hopkins, senior partner, Polsinelli PC; author, The Law of Tax-Exempt Organizations, Tenth Edition\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"Tax-exempt organizations, through joint ventures with for-profit and other tax-exempt entities, play a key role in affordable housing, community development, and historic preservation. Navigating the process and rules that govern exempt organizations' involvement in joint ventures can be complex, and this book provides an important look at the rules and relationships involved with low-income housing, new markets, historic rehabilitation, and other tax credit programs.\"\u003cbr\u003e \u003cb\u003e—Michael J. Novogradac, CPA, Managing Partner, Novogradac \u0026amp; Company LLP\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"An important resource not just for those nonprofits already participating in joint ventures but just about all nonprofits. This book conveys succinctly the basic rules regulating tax exemption, explains old and brand-new opportunities for joint ventures, and includes invaluable checklists to guide both those who work in nonprofits and those outside professionals who advise them.\"\u003cbr\u003e \u003cb\u003e—Ellen P. Aprill, John E. Anderson Professor of Tax Law, Loyola Law School\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"Mike Sanders's book, \u003ci\u003eJoint Ventures Involving Tax-Exempt Organizations\u003c\/i\u003e, is a critical resource for anyone who represents or manages tax-exempt organizations. Tax-exempt organizations are increasingly engaging in joint ventures (JVs) as a way to gain access to the capital markets, most often for mission-related purposes. This book takes the mystery out of the JV process and provides practical and helpful insights about the legal and business issues that confront tax-exempt entities considering the JV structure.\"\u003cbr\u003e \u003cb\u003e—Celia Roady, Morgan, Lewis \u0026amp; Bockius LLP\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"Michael Sanders is a pro at helping structure business ventures for tax-exempt organizations. At Enterprise, we used him extensively to carry out very creative structures including numerous joint ventures that forwarded our mission, allowed us to grow rapidly and well, and greatly expanded our impact in the field of community development. This book is important for any tax-exempt organization looking to find ways to expand its impact and capacity.\"\u003cbr\u003e \u003cb\u003e—Bart Harvey, former chair and CEO, Enterprise Community Partners; former chair, Enterprise Community Investment\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"Professor Sanders is to be commended for giving us an up-to-date road map of nonprofit joint ventures, covering all the IRS guidance available and placing it in context to ensure that readers understand where the guardrails and traps lie. His inclusion of the economic and regulatory changes driving healthcare organization behavior as a result of the Affordable Care Act is invaluable.\"\u003cbr\u003e \u003cb\u003e—T. J. Sullivan, Drinker Biddle \u0026amp; Reath LLP\u003c\/b\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989491859685,"sku":"NP9781118317112","price":307.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118317112.jpg?v=1761784321","url":"https:\/\/k12savings.com\/es\/products\/joint-ventures-involving-tax-exempt-organizations-isbn-9781118317112","provider":"K12savings","version":"1.0","type":"link"}