Sentences with phrase «exemption on the donations»

Not exact matches

Next, it also increases the exemption on what Republicans call the «death tax» — the 40 percent tax (after deducting donations and spousal gifts) on the wealth of deceased persons before it's distributed to their heirs — from $ 11 million to $ 22 million for married couples.

Government can not create or sustain by tax exemption any organization which does not attract donations on its own merits.

Ryan Cragun, an assistant professor of sociology, and two students examined U.S. tax laws to estimate the total cost of tax exemptions for religious institutions - on property, donations, business enterprises, capital gains and «parsonage allowances,» which permit clergy to deduct housing costs.

We are a U.S. tax - exempt 501 (c) 3 non-profit organization and any donations made to the Foundation are eligible for tax - exemption on your tax filing.

If elected mayor, Commisso said he would work with the Common Council to determine the best course of action on evaluating all tax exemptions in the city and would place a self - imposed ban on accepting campaign donations from developers who receive exemptions.

But then, the donors can turn around and claim a federal charitable tax exemption on the same «donation.»

The federal government has more than enough money to raise personal taxes, especially from high income individuals, by reducing some of the following: the small business tax deduction ($ 3.2 billion), lifetime capital gains exemption ($ 600 million), donation credit related to gifted securities ($ 52 million), flow - through shares ($ 125 million) and bringing capital gains tax rates in line with the top tax rate on dividends ($ 1.25 billion).

They may form nonprofit corporations so they can receive tax - deductible donations, or they may be operating without benefit of tax - exemption and depending on the largess of local merchants and individuals, and they, too, save thousands of dogs each year.

All the applicable tax deductions and exemptions under Section 80 C (tax saving investments), 80CCC, 80 CCD, 80D (health insurance premium), 80E (interest on any education loan), 80 G (donations) and others