DOES A NON-PROFIT ORGANIZATION HAVE TO PAY INCOME AND CAPITAL GAINS TAXES ON ITS INVESTMENTS?

{ 4 comments… read them below or add one }

WG August 17, 2010 at 12:43 pm

No

bostonianinmo August 17, 2010 at 12:46 pm

No

spicertax August 17, 2010 at 1:35 pm

Private foundations pay 3% excise tax on investment income. Public charities pay nothing.

Judy August 17, 2010 at 1:42 pm

No.

If a charitable organization has income from a business venture that isn’t closely related to their charitable function, they pay income tax on that.

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