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SEA ORG INCOME

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Definitions

the amount of money received by the corporation after the allocation to SO and Scn orgs and before management expenses are taken out. Includes SO orgs, Scn orgs, Pubs and any other activity for which the corporation is advising or managing. It does not include the gross income of Scn orgs or such activities, only the money they pay to the SO. (HCO PL 9 Mar 72 I)