### Question
Can you define what taxable expenditure means?


### Answer
**Taxable expenditure** is defined as the following in *26 U.S.C. § 4952*:

> any amount paid or incurred by a trust described in section 501(c)(21) other than for a purpose specified in such section

#### Citation:
  - *26 U.S.C. § 4952*
  - Heading: **Subtitle D-Miscellaneous Excise Taxes > CHAPTER 42-PRIVATE FOUNDATIONS; AND CERTAIN OTHER TAX-EXEMPT ORGANIZATIONS > Subchapter B-Black Lung Benefit Trusts**

