On Thu, 16 Jan 2003 09:02:19 -0900
civileme <[EMAIL PROTECTED]> wrote:
> 
> Arrrggghhh!!!
> 
> A not-for-profit corporation may or may not be tax exempt.  The Boy Scouts for 
> example, are NOT tax-exempt.  Contributions to the Boy Scouts are not 
> deductible from your taxable income.  The essence of non-profit is that 
> proceeds are NOT distributable to members, officers, directors of the 
> corporation.  If you want exemption for taxes then charitable, educational, 
<snip>

Not to comment on the rest of your excellent post, but in the U.S., at least, the Boy 
Scouts are a tax exempt charity.  Contributions to the Scouts (not a particular troop, 
but the council itself) are deductible from taxes and many scout councils are also 
funded by the local United Way.  As for being tax exempt (i.e. when they purchase 
goods and supplies), most state laws require the purchase to be made/paid for with a 
check from the organization itself.  If the organization reimburses an individual for 
the purchase, the individual actually is making the purchase and taxes are charged.  
If the individual makes the purchase but uses a check from the scout office or troop, 
then it is a tax exempt sale.

Anyway, since this list has wide distribution, I just wanted to clarify that in the 
U.S., at least, the Boy Scouts as a non-profit and tax-exempt organization (Girl 
Scouts are, too).

Joeb

Want to buy your Pack or Services from MandrakeSoft? 
Go to http://www.mandrakestore.com

Reply via email to