On Monday 19 January 2004 13:34, Omer Zak wrote: > 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?
I suggest that instead of the money being given to Hamakor as a donation, it will given to Hamakor (or a lawyer on it's behal) as a trustee and the payment of the funds made directly to Shachar if/when enough money is collected. If enough mopney is not collected, Hamakor will return the money to it's owners. This way you will get it as a tax deductible expense, even tough only when Shachar actually gets the money. Diclaimer: lawyer needs to find the legal way to do this. I am not one. Gilad ================================================================= To unsubscribe, send mail to [EMAIL PROTECTED] with the word "unsubscribe" in the message body, e.g., run the command echo unsubscribe | mail [EMAIL PROTECTED]
