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#1418007 - 07/21/10 05:02 PM Govt entity - exempt?
morirse de risa Offline
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Midwest
It's fair time and we have 2 County Ag Societies that we usually end up filing a bunch of CTRs for.

Would a entity of the County be a department or agency of the U.S., any State, or any political subdivision of any State?

Initially I thought so but now I'm second-guessing myself...

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#1418086 - 07/21/10 06:03 PM Re: Govt entity - exempt? morirse de risa
J2C Offline
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Big Brother knows and that's a...
We have the same situation and we have always included them in our CTR filing. They have a different EIN then all of the other county related accounts, so we don't exempt them. Maybe they should be? No one has ever said anything regarding this.
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#1418284 - 07/21/10 09:22 PM Re: Govt entity - exempt? J2C
morirse de risa Offline
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Midwest
Any ideas on what type of document(s) I would need to prove that they are a govt entity?

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#1418422 - 07/22/10 01:23 PM Re: Govt entity - exempt? morirse de risa
John Burnett Offline
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John Burnett
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Cape Cod
Best guess is that they are not actually part of the county's organization structure. They may receive county support, but you probably can't call them part of county government.
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#1418592 - 07/22/10 03:36 PM Re: Govt entity - exempt? John Burnett
J2C Offline
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Big Brother knows and that's a...
As John said, I don't think they are. If they were associated with the county, they most likely would have the same EIN.
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#1418916 - 07/22/10 07:49 PM Re: Govt entity - exempt? J2C
TMichelle Offline
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What is an Ag Society?

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#1420213 - 07/27/10 03:17 PM Re: Govt entity - exempt? TMichelle
morirse de risa Offline
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Midwest
Just talked to FinCen and they told me that I could exempt the County Ag Societies as they are entities acting with government authority.

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#1421079 - 07/28/10 07:45 PM Re: Govt entity - exempt? morirse de risa
John Burnett Offline
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John Burnett
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Cape Cod
Hmmm. That kind of surprises me. I'd keep a record of whom you spoke to at FinCEN if I were you. I googled "County Ag Society" and came up with a lot of websites. Most suggested that the primary business of these groups is to promote agriculture within the county and to put on the annual county fair/rodeo. I even found the Burnett (WI) County Ag Society, way up in northern Wisconsin. Now THAT was a surprise!
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#1421266 - 07/29/10 10:08 AM Re: Govt entity - exempt? John Burnett
rlcarey Online
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Galveston, TX
I agree with John. I would be looking for a direct link to the county government and make sure that they are not really a 501(c)(3) type organization.
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