CHAPTER FIFTEEN
Social Clubs
§ 15.1 Social Clubs in General
§ 15.1 SOCIAL CLUBS IN GENERAL
(b) Club Functions
p. 390, n. 13. Insert following existing text:
Thus, an organization was denied exempt social club status in part because its “core business function” was providing winemaking services and products, where a substantial portion of its activities were “one on one” between a member and the winemaker (Priv. Ltr. Rul. 201025078).
p. 390, second complete paragraph. Insert as last sentence:
For this reason, an organization engaged primarily in operating and maintaining a website for its members failed to achieve exemption as a social club; its members-only forum was the sole means of membership interaction.13.1
p. 392, n. 28. Insert following existing material:
The IRS has said this about college sororities: “Although the typical college sorority does in some degree contribute to the cultural and educational growth of its members during their student years[,] that is not its primary purpose,” in that “[s]uch an organization is primarily a social club in that its major functions are to provide a meeting place for its members, living quarters, and the headquarters for their entertainment” (Priv. Ltr. Rul. 201213036).
§ 15.6 SALE OF CLUB ASSETS
p. 402, n. 121. Delete sentence and substitute:
The IRS twice ruled that gain need not be recognized, by reason of this provision, in the case of an exempt club selling its assets in connection ...
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