Sentences with phrase «exempt status unless»

I think we should end their tax exempt status unless they can prove they give more than 75 % of revenues to the poor.

Not exact matches

The law says you must pay income tax unless you are a tax exempt entity, and if you are accorded that status, you can not be involved with politicking.
Dividends paid to a Non-U.S. Holder that is not an exempt recipient generally will be subject to backup withholding, currently at a rate of 24 %, unless the Non-U.S. Holder certifies to the payor as to its foreign status, which certification may generally be made on an applicable IRS Form W - 8.
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