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Old 06-23-2011, 11:17 AM
Senusret I Senusret I is offline
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Join Date: Dec 2001
Posts: 12,783
Quote:
Originally Posted by MysticCat View Post

The bottom line is that 501(c)(7) orgs are tax-exempt within the meaning of the Internal Revenue Code. As with any tax-exempt organization under any provision of the IRC, there may be limits or exceptions to that general tax exempt status.
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