Date: 2006-02-23 06:59 am (UTC)
kengr: (Default)
From: [personal profile] kengr
Not all "businesses" are taxed. So-called "non-profit" groups don't get taxed as long as they obey the rules.

Having been the treasurer for a branch of one sort, I'm *way* too familiar with the rules for some sorts and parttially familiar with thoise for the other types.

As I recall, religious and charitable organizations fall under the same category. The other two types are "educational", and "social/fraternal".

There are reasons for not taxing those sorts of groups asa well. And there really are restrictions on what can and can't be done without losing the tax-exempt status.

On the whole, I think abolishing the various sort of "non-profit" groups would probably not be a good idea. But I can see simplifying the rules a bit and enforcing them better.

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Elf Sternberg

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