# Excise Tax On Self-Dealing By Private Foundations
> **Treasury** · Final regulations. · Published 1995-12-20 · Effective 1995-12-20 · 60 FR 65566
## Document
- **Document number:** 95-30838
- **Category:** other
- **Sub-agency:** Treasury
- **Federal Register citation:** 60 FR 65566
- **CFR reference:** 26 CFR 53
- **Publication date:** 1995-12-20
- **Effective date:** 1995-12-20
- **Treasury docket:** TD 8639
## Abstract

This document contains final regulations that clarify the definition of self-dealing for private foundations. These regulations modify the application of the self-dealing rules to the provision by a private foundation of directors' and officers' liability insurance to disqualified persons. In general, these regulations provide that indemnification by a private foundation or provision of insurance for purposes of covering the liabilities of the person in his/her capacity as a manager of the private foundation is not self-dealing. Additionally, the amounts expended by the private foundation for insurance or indemnification generally are not included in the compensation of the disqualified person for purposes of determining whether the disqualified person's compensation is reasonable.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1995/12/20/95-30838/excise-tax-on-self-dealing-by-private-foundations)
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