181.0320 Private foundations.
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/wi/chapter-181/181-0320A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
181.0320 Private foundations.
(1)Prohibited acts. A private foundation, as defined in section 509
(a)of the Internal Revenue Code, may not do any of the following:
(a)Engage in any act of self-dealing, as defined in section 4941
(d)of the Internal Revenue Code, which would give rise to any liability for the tax imposed by section 4941
(a)of the Internal Revenue Code.