[BC] LPFM Operations
wpio fm radio
wpio
Wed Sep 6 17:58:46 CDT 2006
Black, Mike wrote:
> Actually, this is incorrect. You can run commercial continuity for 501c3
> organizations, complete with all the trimming. HOWEVER, you and they
> will likely have to pay tax on the announcements.
It's not commercial continuity when it promotes the tax
exempt purposes of a tax exempt organization.
Commercial continuity is continuity of and for a for profit
entity.
RH
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