What Does Excess Benefit Transaction Mean?

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What does Excess Benefit Transaction mean? Read on to discover the definition & meaning of the term Excess Benefit Transaction - to help you better understand the language used in insurance policies.

Excess Benefit Transaction

Excess Benefit Transaction

An excess benefit transaction is a transaction in which one party gains something financially valuable from a tax-exempt organization.

We hope the you have a better understanding of the meaning of Excess Benefit Transaction.

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