- Joined
- Jun 2, 2021
- Messages
- 38
- Thread Author
- #1
A
BILL
To
Exempt charities and other non-profit organizations from corporate tax
The people of DemocracyCraft, through their elected Representatives in the Congress and the force of law ordained to that Congress by the people through the constitution, do hereby enact the following provisions into law:
1 - Short Title and Enactment
(1) This Act may be cited as the “Charity Tax Exemption Act”.
(2) This Act shall be enacted immediately upon its signage.
(3) The Act has been co-sponsored by: President Pro Tempore GoldBlooded
2 - Reasons
(1) Charities should not have to pay corporate tax since they are beneficial to society.
3 - Definitions
(1) Charity-
a. Any non-profit organization that uses revenue coming from donations or other legal sources to offer free services such as food to those in need.
4 - Terms
(1) Charities shall hereby be exempt from any and all corporate tax.
(2) For-profit organizations shall not funnel funds into charities for the purpose of evading corporate tax.
5 - Enforcement
(1) If a company or other for-profit organization is found using charities or other tax-exempt organizations for the purpose of evading corporate tax, they shall be charged with tax evasion.
BILL
To
Exempt charities and other non-profit organizations from corporate tax
The people of DemocracyCraft, through their elected Representatives in the Congress and the force of law ordained to that Congress by the people through the constitution, do hereby enact the following provisions into law:
1 - Short Title and Enactment
(1) This Act may be cited as the “Charity Tax Exemption Act”.
(2) This Act shall be enacted immediately upon its signage.
(3) The Act has been co-sponsored by: President Pro Tempore GoldBlooded
2 - Reasons
(1) Charities should not have to pay corporate tax since they are beneficial to society.
3 - Definitions
(1) Charity-
a. Any non-profit organization that uses revenue coming from donations or other legal sources to offer free services such as food to those in need.
4 - Terms
(1) Charities shall hereby be exempt from any and all corporate tax.
(2) For-profit organizations shall not funnel funds into charities for the purpose of evading corporate tax.
5 - Enforcement
(1) If a company or other for-profit organization is found using charities or other tax-exempt organizations for the purpose of evading corporate tax, they shall be charged with tax evasion.