LOUISIANA CREDIT UNION LEAGUE v. U. S.

Civ. A. No. 78-3234.

501 F.Supp. 934 (1980)

LOUISIANA CREDIT UNION LEAGUE v. UNITED STATES of America

United States District Court, E. D. Louisiana.

October 31, 1980.


Attorney(s) appearing for the Case

Joseph A. Barreca, New Orleans, La., William J. Lehrfeld, Washington, D.C., for Louisiana Credit Union League.

Jean E. Kilpatrick, Dept. of Justice, Washington, D.C., for the United States.


CHARLES SCHWARTZ, Jr., District Judge.

Section 511 of the Internal Revenue Code imposes a tax on income received by an otherwise tax-exempt organization when that income arises from the organization's involvement in any business activity which is not substantially related to its tax-exempt purpose. I.R.C. §§ 511, 513 (cited hereinafter by section number only). The need of the organization for funds to further...

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