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Company Event Sponsorships Not Taxable Due to Mutuality Principle; No Income Intent and Companies Are Nonmembers.

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....Taxability of contributed to the conducting of events by way of sponsorship - principles of mutuality - no intention to earn income - contributing companies are nonmembers - contribution is not taxable - AT....

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Company Event Sponsorships Not Taxable Due to Mutuality Principle; No Income Intent and Companies Are Nonmembers.