To
lose tax exemption is a serious thing; to stifle the public voice of religion is much more serious.
For instance, organizations trying to assist Haitian and Salvadoran refugees to avoid repatriation, or organizations urging boycott of banks doing business with South Africa, or organizations counseling young people not to register for the draft, or organizations protesting increased military expenditures, or organizations demonstrating against nuclear power or against mineral exploration in wilderness areas, are all in danger of
losing their tax exemptions for violating «public policy.»
Plus: Methodist locale
loses tax exemption over gay ceremony stand, bad grades for Oxford's Christian schools, Dobson nixes Thompson again, and hundreds of other stories from online
Plus: Methodist locale
loses tax exemption over gay ceremony stand, bad grades for Oxford's Christian schools, Dobson nixes Thompson again, and hundreds of other stories from online sources around the world.
Those from non-Christian religions (56 %), religious nones (53 %), and those who rarely or never go to church (52 %) were more likely to agree that churches should
lose their tax exemptions.
I think the baptists just
lost their tax exemption.
As Fitzgibbon makes the assertion that church organizations could
lose their tax exemption, an AP story flashes on the screen showing the headline, «Homosexual Advocacy Group Accuses Maine Diocese of Violating Tax Law.»
Not exact matches
The head has abdicate it's responsibility to lead and make hard decisions that are unpopular for fear of
losing donations and
tax exemptions etc..
james, stop showing your ignorance... there is nothing ethically wrong with a church expressing political views (especially when they are in SUPPORT of the administration in charge)... however the only way they could
lose their exempt status is if they started breaking federal
tax exemption laws... which they have not... so stuff it.
But, county officials say they need the one percent sales
tax exemption ASAP or the county will
lose about $ 5 million in revenue.
Syracuse, N.Y. — A businessman who sued the city five years ago after
losing a lucrative airport contract has taken the unusual step of asking the county for $ 3.5 million in
tax exemptions for a proposed student housing complex in Syracuse.
It is clear that these fat cats who want the public to bail them out like AIG and Goldman Sachs; or the Speyer deal with Stuyvesant Town and a whole host of other scams, are organizing because they fear
losing their «special treatment» like a West Street Headquarters will a half billion dollar real estate
tax exemption; or the
tax credits for complex real estate deals that made Related into a financial and real estate behemoth without really doing much to improve anything... It bothers these dukes and barons that the city helps the needy.
An increase in the child
tax credit may help families realize a
tax advantage even as the personal
exemption is
lost.
From 1 July 2017, a fund will
lose the income
tax exemption for assets supporting TRISs and similar superannuation income streams that are not in the retirement phase from this time.
These households are likely to benefit from the 20 %
tax deduction now applicable to pass - through entities, but will
lose out on large itemized deductions and
exemptions, he tells FA magazine.
Remember,
tax benefits like the dividend
tax credit, the capital gains
tax exemption, and the ability to offset losses against gains are
lost within an RRSP.
You also
lose the capital gains
exemption inside a TFSA, but this is a moot point really, because any capital gains generated by investments in the account are completely
tax - free anyway.
As a final point, it's important to realize that while the Child
Tax Credit is indeed going up, taxpayers are
losing the personal
exemption that until now has been available for every taxpayer and each of their dependents.
If you are a married couple with three children, you
lose $ 20,250 ($ 4,050 x 5) in personal
exemptions under the alternative minimum
tax in 2017.
Depending on the assets that you have, the bankruptcy
exemptions may only protect a portion of the
tax refunds; therefore, you will
lose the portion that is not protected by the
exemption.
There is a large effort underway by states and «brick - and - mortar» stores that
lose business to this virtual «mail order
tax exemption» to subject out - of - state businesses to the requirement of collecting use
taxes on behalf of the state.
The Bureau's update, as finalized, promotes housing assistance lending by clarifying that recording fees and transfer
taxes may be charged in connection with those transactions without
losing eligibility for the partial
exemption.
They would
lose the state and local deduction (with the exception of a $ 10,000 cap on deducting property
taxes) as well as personal and dependent
exemptions worth $ 4,000 per family member.
The government, likewise, says it doesn't know how much
tax revenue it may be
losing because sellers are inappropriately claiming the capital - gains
exemption on a primary residence when they don't actually live in Canada.
If the bonds
lose their
tax -
exemption status, more than 780,000 fewer affordable rental homes would be built or preserved over the next 10 years, according to Novogradac & Co..
If, as expected, you
lose the current personal
exemption of $ 4,050 and if you've got kids, a spouse, a house and other key deductions that are eliminated, you could end up paying more in federal
taxes, not less.
They would allow housing finance agencies to charge recording fees and transfer
taxes without
losing their existing
exemptions from disclosure requirements, extend the Know Before You Owe requirements to transactions involving cooperative units, and restore treatment of finance charges to the way they were treated prior to the Know Before You Owe changes.