Tag: associations
Do tax-exempt associations have to pay tax for their donations
I have a question regarding the taxation of donations from tax-exempt foundations or associations (in terms of income tax or inheritance and transition tax.)...
What is Legal Entity?
What is Legal Entity?
1- What is legal entity?
Legal entity is a person or a community of commodities that are established with a specific purpose...
Expenses that will be deducted from Company’s Earnings!
1- DEDUCTIBLE EXPENSES ACCORDING TO INCOME TAX LAW
Income is taxed through net profit.
In order to determine the net profit, the expenses stated below should be...