Dominion of Keithieopia

A sovereign nation located in North America. Independence was declared on January 3rd, 2002.

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kcn:2023-11

Non-Profits and Charities

An act of the National Assembly to define charitable organizations reduce the tax burden on such

Provisions

  1. Non-profits and charities do not pay sales or real property taxes
  2. Non-profits must be registered with the Ministry of Finance
  3. To maintain non-profit status, an organization must
    1. Donate more than one half of gross income to charitable causes
      1. may not claim a “donation” to a parent, sister, or related organization
    2. Have no more than one fourth of gross income go to salary and administrative costs
    3. Be non-political and non-partisan in nature

Authority

Nihil Obstat, High Court of Keithieopia

Imprimatur, ⊗ /HIH Keith/
Emperor of Keithieopia

25th Unomar 21 IY ⇔ January 25, 2023 HY

kcn/2023-11.txt · Last modified: 2024/03/25 16:50 by 127.0.0.1