Self-Dealing

Self-Dealing in the United States

Prohibition on Self-Dealing Explained

References

See Also

  • Business Law

Definition of Self-Dealing

A concept of Self-Dealing applicable in the United States: Any financial transaction between a private foundation and its disqualified persons, other than reasonable compensation for services. Such selfdealing transactions, even those that provide a below-market rate benefit to a disqualified person, are generally prohibited under Section 4941 of the Internal Revenue Code. See also Disqualified Persons, Excess Benefit Transaction.

Resources

See Also

  • Charity
  • Foundation
  • NGOs

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