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Bulletin No. 2006-21 May 22, 2006

EXEMPT ORGANIZATIONS

Internal Revenue Bulletin 2006-21 · 2026-10-03 edition · updated 2026-10-04 · United States

Rev. Rul. 2006–27, page 915. Down payment assistance; home buyers. This ruling sets forth the applicable rules and standards for determining whether organizations that provide down payment assistance to home buyers qualify as tax-exempt charities. In addition, the ruling addresses whether assistance received for a down payment is treated as a gift and included in a home buyer’s basis.

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▸Contents — Internal Revenue Bulletin 2006-21
Internal Revenue Bulletin 2006-21

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