Hi Omer,3. I understand that Hamakor is not yet approved for the purpose of tax credit on donations. How can we arrange that the money donated for the proposed Shachar project to be either tax-deductible expense (for those of us who run businesses) or donation qualified for tax credit?
As far as I understood things, it will not be approved unless it shows that there is a good reason for it to be. An important factor of this part is showing that money is going through the NPO in an effort to promote the causes the NPO is standing for.
In other words, I don't think there is a way to get Hamakor approved for tax purposes unless we ignore, for the time being, the fact that it's not.
This has been my understanding from talking to Hamakor's accountant. I may have misunderstood. If you have other details, please share them.
--- OmerShachar
-- Shachar Shemesh Lingnu Open Systems Consulting http://www.lingnu.com/
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