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The Mormon church (properly known as the Church of Jesus Christ of Latter Day Saints) is just that - a church. So, by United States law, which states that there is to be a separation of church and state, it is tax exempt just like any other church in the U.S.
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What are the Mormon Church owned businesses that are tax exempt?
None. The Church of Jesus Christ of Latter-day Saints (the "Mormon" church) does not operate any businesses that are tax-exempt. They do operate some charities (which are always legally non-profit and tax exempt, but are also not considered businesses) and they operate a tax-exempt distribution service for church materials and supplies. (Items are produced and distributed at cost to congregations and individuals for religious purposes only, and therefore this doesn't really count as a 'business')
Does the Mormon Church now own the flying j travel centers?
The Mormon Church (also know as the Church of Jesus Christ of Latter Day Saints or LDS church) does not own the flying J travel centers. I would think that by buying them they would risk losing their tax exempt status as a church in the United States.
What states are exempt from state tax?
501-C3 Non-Profit Corporation
Which tax exempt products are subject to corporation tax?
In the US, the term Corporation Tax relates to Corporate Income Tax. Tax Exempt products relates to State Sales Tax. The two are entirely different and unrelated. A company could certainly sell only tax exempt products (say prescription drugs, or only to wholesalers - which is not sales taxable), but would be subject to corporate income tax on the revenue from those sales.
If you are a church is mandatory to obtain a tax free status from the government?
No, not at all. In fact, many are denied tax exempt status. (And even if tax exempt...that pertains to only certain activities...with some minor exclusions -normal "business" done by a church (or any exempt) is taxable pretty much like a normal business.
Is it mandatory for a church to fill out a form 1023?
Yes, if a church qualifies as a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code, they are not required to file Form 1023 to be recognized as tax-exempt. Churches are automatically considered tax-exempt without having to apply for formal recognition from the IRS.
How do you start a religion that is tax exempt?
No one particular "religion" is tax exempt. It is up to each individual church, temple, mosque, or denominational headquarters to file for tax exemption. This is usually done at the inception of that entity.
Does the church have to pay income taxes on tithes?
No- churches and other tax-exempt charities do not pay income tax on the donations they are given. Church employees have to pay income tax on their salaries and the church must collect with-holding tax on these salaries.
What does it mean exempt payee on form W9?
The the one receiving payment is a Government, or qualified tax exempt group, like a Church, or Charity.
Does the Mormon Church pay income taxes?
Churches do not pay income tax or property tax. Part of the separation of church and state in the United States.
Do Mormon church leaders swear by their religion so they don't get labeled as a cult and lose their tax free status?
No. The Mormon Church is not legally recognized in many nations and is therefore not a tax exempt organization in those nations. Whether or not the church is tax-exempt makes no difference to church leaders because they are not paid a salary of any kind. The Church seeks to be legally recognized so that they can perform marriages, own their church buildings, etc, not because they don't pay taxes. Mormon church leaders and members honestly believe that their religion is true, they aren't lying and inventing a religion just so that the organization they belong too can save a few dollars. Additionally, by the definition of a cult (a group of people venerating or worshiping a common object or having a common leader) defines every religious group. Mormons are no more a cult than Catholics, Methodists, or Presbyterians. They don't live on compounds or keep their beliefs secret from others, like most 'cults' do. Tax exempt status in the United States is not determined by the doctrines or beliefs of a particular group, but whether they meet other guidelines which define them as a legally registered religious group.
Is it true that the government may not put a tax on church service?
In the USA, churches are exempt from taxation.
