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20216931TITLE 28. INSURANCE Part I. Texas Department of Insurance Chapter 3. Life, Accident, and Health Insurance and AnnuitiesAdopted Section Page 1 of 16SUBCHAPTER T. MINIMUM STANDARDS FOR MEDICARE
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Any entity or organization that falls under the scope of Subchapter T regulations and wishes to comply with the minimum standards set by these regulations.
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Subchapter T minimum standards are regulations set by the IRS that outline the requirements for tax-exempt organizations.
Tax-exempt organizations that fall under Section 501(c)(3) of the Internal Revenue Code are required to file subchapter T minimum standards.
Subchapter T minimum standards can be filled out by providing the required information on the IRS Form 990 or 990-EZ.
The purpose of subchapter T minimum standards is to ensure transparency and accountability in the operations of tax-exempt organizations.
Information such as financial activities, programs conducted, governance structure, and compensation of key employees must be reported on subchapter T minimum standards.
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