Preface.

Chapter One: Introduction: Joint Ventures Involving Exempt Organizations Generally.

§ 1.2 Joint Ventures in General.

§ 1.3 Healthcare Joint Ventures.

§ 1.24 Other Developments.

Chapter Two: Taxation of Charitable Organizations.

§ 2.4 Statutory Requirements.

§ 2.8 Application for Exemption.

§ 2.9 Reporting Requirements.

§ 2.9A Redesigned 2008 Form 990 (New).

§ 2.13A Focus on Good Governance (New).

Appendix 2A (New): Redesigned Form 990 (2008).

Chapter Three: Taxation of Partnerships and Joint Ventures.

§ 3.12 Other Tax Issues.

Chapter Four: Overview: Joint Ventures Involving Exempt Organizations.

§ 4.4 Joint Ventures with Other Exempt Organizations.

§ 4.9 Use of a Supporting Organization in a Joint Venture.

§ 4.14 Reporting Requirements.

Appendix 4B (New): Redesigned Form 990 (2008) New Schedule R, Related Organizations and Unrelated Partnerships.

Chapter Five: Private Benefit, Private Inurement, and Excess Benefit Transactions.

§ 5.2 Transactions in Which Private Benefit or Inurement May Occur.

§ 5.4 Intermediate Sanctions.

Chapter Seven: Exempt Organizations as Accommodating Parties in Tax Shelter Transactions.

§ 7.3 Excise Taxes and Penalties.

Chapter Eight: The Unrelated Business Income Tax.

§ 8.3 General Rule.

§ 8.8 Governmental Scrutiny and Legislative Initiatives.

Chapter Twelve: Healthcare Entities in Joint Ventures.

§ 12.3 Tax Analysis.

§ 12.4 Other Healthcare Industry Issues.

§ 12.8 UBIT Implications of Hospital Joint Ventures.

§ 12.9 Government Scrutiny.

§ 12.9A Committee Proposal (Control+Formula).

Appendix 12B (New): Redesigned Form 990 (2008) New Schedule H, Hospitals.

Chapter Thirteen: Low-Income Housing, New Markets, Rehabilitation, and Other Tax Credit Programs.

§ 13.2 Low-Income Housing Tax Credit.

§ 13.3 Historic Investment Tax Credit.

§ 13.5 New Market Tax Credits.

§ 13.6 Recent IRS Guidance Regarding Guarantees and Indemnifications.

Chapter Fourteen: Joint Ventures with Universities.

§ 14.2 IRS Focus on Universities.

§ 14.7 Modes of Participation by Universities in Joint Ventures.

Chapter Sixteen: Conservation Organizations in Joint Ventures.

§ 16.3 Conservation Gifts and §170(H) Contributions.

Chapter Seventeen: International Joint Ventures.

§ 17.3 Potential for Abuse: The Use of Charities as Accommodating Parties in International Terrorist Activities.

§ 17.4 Guidelines for U.S.-Based Charities Engaging in International Aid and International Charities.

Chapter Eighteen: Private Pension Fund Investments in Joint Ventures.

§ 18.1 Overview.

§ 18.2 Private Pension Fund Participation in Joint Ventures.

Chapter Nineteen: Exempt Organizations Investing through Limited Liability Companies.

§ 19.5 Tax Classification of LLCs under Check-the-Box Regulations.

Chapter Twenty: Debt Restructuring and Asset Protection Issues.

§ 20.1 Introduction.

§ 20.2 Overview of Bankruptcy.

§ 20.3 Automatic Stay.

Index.