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They don't 'avoid' paying taxes... their status gives them the right by law not to pay tax ! Registered charities are given exempt status by the government - meaning they do not have to pay tax.

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8y ago

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Can a company make a profit and still not be profitable?

Yes. If this company gives all its profits to other organizations such as charities.


How did some merchants aviod paying new taxes on sugar and other items?

Some merchants avoided paying new taxes on sugar and other items by secretly bringing the goods into the colonies so British officials could not tax them. Follow @dylan_12408 on instagram :):):)


What are some of the oversight responsibilities that PCAOB has over external auditors?

(1) register public accounting firms; (2) establish, or adopt, by rule, "auditing, quality control, ethics, independence, and other standards relating to the preparation of audit reports for issuers;" (3) conduct inspections of accounting firms


What is a man-price?

A Man-price relates to Old Norse and Early Anglo-Saxon ideals in which the warriors were of value to a King and should one be killed in a conflict other than a battle it was understood that the party responsible for the warrior's death would have to repay that value to the King as a fine, if you will, if they were to avoid making enemies. The idea is expressed in Beowulf, Grendel as characterized as evil for (among many other things) never paying the man-price for the men that he slaughters.


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.

Related Questions

What is the term that describes a group of firm cooperating with each other in order to avoid competition?

Collusion describes a group of firms cooperation with each other in order to avoid competition.


Why do firms purchase of other corporations Are they simply paying too much for the acquired corporation?

Some firms might purchase other corporations in the hopes of making a profit. They might buy cheap and sell higher. Some firms might also buy other corporations to buy up the competition in a particular industry.


What other pet charities are there?

Other than what?


What did some colonists do to avoid taxes?

The colonists resorted to smuggling goods and other materials instead of paying the taxes.


Can I get out of paying my back taxes?

Paying taxes varies by your income bracket and the state that you live in. Any taxes that you do owe must be paid to avoid your wages being garnished and other harsh penalties.


How can one avoid paying a mandatory reorganization fee?

To avoid paying a mandatory reorganization fee, one can try negotiating with the organization or seeking a waiver based on financial hardship or other valid reasons. It is important to communicate clearly and respectfully with the organization to explore possible alternatives to the fee.


Does Catholic charities help undocumented aliens?

Catholic Charities, as with any other Catholic institution does not card people who are in need.


What is meant by resource immobility?

the inability of competing firms to obtain resources from other firms


Which charities accept RV donations for tax purposes?

There are several charities that will accept RV or car donations, such as Action Donation Services. Similarly, other charities such as 'Donate A Car' also accept cars.


Do other religions give to charity like the Muslims?

All religions encourage paying charities to people or institution that need it. All religions, besides the religion ritual worships, have the other social part that preaches for doing deeds (like paying charity) for the society and mankind's benefit. The religions may differ only on the details and rules of paying these charities.


Did Mitt Romney give to any charities besides his church?

Yes. Mitt Romney gives money and time to charities other than his church.


How do you legally avoid paying taxes?

One way to legally avoid paying taxes is to take advantage of tax deductions, credits, and exemptions provided by the government. This can be done by investing in retirement accounts, donating to charity, or owning a home, among other strategies. It is important to follow tax laws and regulations carefully to ensure compliance.