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A Not for Profit is Not Always Eligibile for Property Tax Exemptions

Status as a not for profit corporation does not automatically qualify a corporation for exemption from property taxes. The legal tests vary from jurisdiction to jurisdiction, and may vary between prop...

Not For Profit Doesn’t Mean that the Books Don’t Need to Balance!

Not for profit corporations must make money to 'stay in business', but how the amount of surplus income and the purposes for which it is made is treated by tax authorities, may vary from jurisdiction ...
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