Capital gains tax normally applies to these transactions but under the proposed scheme, full relief would be available for a qualifying donation. In internal discussions, it was suggested the ...

Local donations are the best ...

Capital gains tax normally applies to these transactions but under the new scheme, full relief would be available for a qualifying donation. In internal discussions, it was suggested the capital ...

The BIR, through its Revenue Memorandum Circulars 38-2018, 31-2019, and 22-2022 further clarified that only donations or contributions utilized or spent during the campaign period are exempted from ...

Maura Healey that they fear could further strain their budgets. The proposal would cap the state’s tax deduction for ...

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

MANILA, Philippines — The Department of Social Welfare and Development (DSWD) will launch a new digital platform called Kaagapay Donations Portal on Tuesday, February 18, for its donation processes.

In December, Finance extended the deadline for making charitable donations for the 2024 tax year to Feb. 28, 2025, given the disruption the Canada Post strike had on charities’ fundraising campaigns.

but recent changes in tax legislation have made this less financially beneficial than it was in previous years, putting the donations that nonprofits rely on at risk. The Tax Cuts and Jobs Act of ...

PUTRAJAYA: Datuk Seri Najib Tun Razak told the High Court here on Wednesday (Jan 22) that he did not inquire as to the authenticity of the donation letters from Saudi Arabia as he assumed the ...