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In Sherwin-Williams Case, Tax Court Says Investment Income of VEBA Used to Pay Costs Is UBTI (PDF)
United States Tax Court Link to more items from this source
Nov. 13, 2000
Sherwin-Williams Company Employee Health Plan Trust, Key Trust Company of Ohio, Trustee, vs. Commissioner of Internal Revenue (115 T.C. 33, Nov. 9, 2000). Excerpt: [B]ecause of the limitation prescribed by sec. 512(a)(3)(E)(i), I.R.C., in determining for each year at issue the UBTI of [the trust] under sec. 512(a)(3)(A), I.R.C., the amount of investment income at issue may not be excluded as exempt function income.

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