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#taxexemption — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #taxexemption, aggregated by home.social.

  1. 4🧵 –

    "The IRS emphasized that this position is 'consistent with a long-standing pattern of selective enforcement,' and referenced a 2017 executive order issued by then-President Trump directing the IRS not to pursue penalties against religious organizations engaged in political speech."

    #USA #US #USpol #trump #IRS #TaxExemption #501C3 #religion #law #JohnsonAmendment
    --

    natlawreview.com/article/irs-a

  2. South Korean life insurance products offer both risk coverage and significant tax benefits, with savings-type policies providing tax exemptions on interest income and annual deductions up to 9 million won ($6,530) for pension savings and IRP accounts.
    #YonhapInfomax
    #LifeInsurance #TaxExemption #PensionSavings #InterestIncome #IRP
    #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  3. #Catholic Charities Bureau, the social ministry of the Catholic Diocese in Superior, WI, has said its mission is to provide “services to the poor & disadvantaged as an expression of the social ministry of the Catholic Church.” But state ofcls determined that the charity did not qualify for the exemption because it “provides essentially secular services & engages in activities that are not religious per se.”

    #law #TaxExemption #SCOTUS #ActivistCourt

  4. That meant, the state court found, that the group should be denied the #TaxExemption even as it accepted the charity’s contention that its services were “based on Gospel values & the principles of the Catholic social teachings.”

    The case was one of 3 concerning #religion heard by the justices this term, & it extended a remarkable winning streak at the court for religious people & groups. [not so remarkable considering the current makeup of #SCOTUS]

    #law #Catholic #religious

  5. #SCOTUS unanimously ruled on Thurs that a #Catholic charity in Wisconsin was entitled to a #TaxExemption that had been denied by a state court on the ground that its activities were not primarily #religious.

    The WI Supreme Court had ruled that the group’s activities were “primarily charitable & secular” & that it did not “attempt to imbue program participants w/the Catholic faith.” Indeed, the state court said, the group employed & served people of all religions.

    #law
    nytimes.com/2025/06/05/us/poli

  6. 🚀 Big Win for Indian Startups!
    .
    The DPIIT has granted income tax exemption to 187 startups under the newly updated Section 80-IAC of the Income Tax Act. 🎉

    This move is a major boost for innovation and entrepreneurship in India, offering much-needed financial relief and encouraging more startups to thrive in a competitive market.
    .
    .
    #StartupIndia #DPIIT #80IAC #TaxExemption #StartupTaxRelief #IndianStartups #Entrepreneurship #EaseOfDoingBusiness #InnovationIndia #globaljurix

  7. when you can literally #disinform America's youth legally -- with #taxexemption for the for all the for-profit ads that come between:

    actual #science becomes #ScienceUnderground #UndergroundScience

  8. Sarawak is expected to be the first state to receive approved permits (AP) from Putrajaya to import hydrogen-powered and electric vehicles (EVs).

    The APs would allow the state to import 1,000 EVs and hydrogen-powered vehicles.

    Abang Johari also said that the federal government had agreed to give a tax exemption for EVs and hydrogen-powered vehicles.

    Read more: freemalaysiatoday.com/category

    #Sarawak #EV #hydrogen #vehicle #AP #permit #taxexemption #Malaysia

  9. Among the matters highlighted in the #knowledgesharing session were the #RTSLink automated #fare collection system, which includes the Contactless Smart Card (CSC), Electronic Fund Transfer Point of Sale (#EFTPOS), #creditcards, #ewallet, and #QRCode.

    A discussion on #taxexemption strategies to encourage #trade between Malaysia and Singapore, as well on the #immigration processes to ease #passengermovement between borders had also taken place.

  10. Yes! Finally some sense! The deal Quebec has with Kahnawake, while it works for that community, is discriminatory against other #Indigenous peoples, including other #Mohawk communities. "'60s Scoop survivor calls for point-of-sale tax exemption for all First Nations shoppers in Quebec" cbc.ca/news/indigenous/quebec- #Quebec #TaxExemption #60sScoop #discriminatory #UNDRIP #TreatyRights

  11. More proof that church is a real threat to children. Churches have enough internal issues to address that they should have no voice on public or political issues of the day. It is long overdue for their tax-exempt status to be removed. Tax all churches.

    cbsnews.com/news/maryland-ag-r

    #Church #Pedophiles #Catholic #ChildMolesters #Tax #TaxExemption #RealThreat #Sodomy #Rapists #SexualAbuse #Priest #Pastor #altarboy