April 24, 2000
INTERNET CORPORATION FOR ASSIGNED NAMES
AND NUMBERS
4676 ADMIRALTY WAY STE 330
MARINA DEL REY CA 90292
Purpose : EDUCATIONAL
Code Section : 2370ld
Form of Organization : Corporation
Accounting Period Ending : June 30
Organization Number : 2121683
You are exempt from state franchise or income tax under the section
of the Revenue and Taxation Code indicated above.
This decision is based on information you submitted and assumes
that your present operations continue unchanged or conform to
those proposed in your application. Any change in operation, character,
or purpose of the organization must be reported immediately to
this office so that we may determine the effect on your exempt
status. Any change of name or address must also be reported.
In the event of a change in relevant statutory, administrative,
judicial case law, a change in federal interpretation of federal
law in cases where our opinion is based upon such an interpretation,
or a change in the material facts or circumstances relating to
your application upon which this opinion is based, this opinion
may no longer be applicable. It is your responsibility to be aware
of these changes should they occur. This paragraph constitutes
written advice, other than a chief counsel ruling, within the
meaning of Revenue and Taxation Code Section 21012(a)(2).
You may be required to file Form 199 (Exempt Organization Annual
Information Return) on or before the 15th day of the 5th month
(4 1/2 months) after the close of your accounting period. Please
see annual instructions with forms for requirements.
You are not required to file state franchise or income tax returns
unless you have income subject to the unrelated business income
tax under Section 23731 of the Code. In this event, you are required
to
April 24, 2000
INTERNET CORPORATION FOR ASSIGNED NAMES AND NUMBERS
ENTITY ID : 2121683
Page 2
file Form 109 (Exempt Organization Business Income Tax Return)
by the 15th day of the 5th month (4 1/2 months) after the close
of your annual accounting period.
Please note that an exemption from federal income or other taxes
and other state taxes requires separate applications.
THIS EXEMPTION IS GRANTED ON THE EXPRESS CONDITION THAT THE ORGANIZATION
WILL SECURE FEDERAL EXEMPT STATUS WITH THE INTERNAL REVENUE SERVICE.
THE ORGANIZATION IS REQUIRED TO FURNISH A COPY OF THE FINAL DETERMINATION
LETTER TO THE FRANCHISE TAX BOARD WITHIN 9 MONTHS FROM THE DATE
OF THIS LETTER.
A copy of this letter has been sent to the Registry of Charitable
Trusts.
E DIALA
EXEMPT ORGANIZATION SECTION
PROCESSING SERVICES BUREAU
TELEPHONE (916) 845-4186
EO :
CC : JAMES R. KING