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Re: [Fenfire-dev] non-profit association vs. co-operative

From: Antti-Juhani Kaijanaho
Subject: Re: [Fenfire-dev] non-profit association vs. co-operative
Date: Thu, 10 Jun 2004 23:38:00 +0300
User-agent: Mutt/1.5.6i

On 20040610T161558+0300, Matti Katila wrote:
> And I must correct that all donations are not tax-deductible in Finland 
> because they don't improve trade.  The association can give donations 
> tax-deductible.

You're not making sense.  Donations are not tax-deductible except that
they are?

Certain "IRS"-cerified charities can take donations that are
tax-deductible to the donor.

> I do understand that. With association we need to pay taxes to get funding 
> from members if we don't use membership fee.

Uhh, what?  I've never heard of a charitable association having to pay
taxes on free gifts (freely given, that is) it receives.

In fact, I just rechecked the facts, and charities do not pay taxes on
gifts it receives.  To be counted as a charity, the following must be
true of an association:

   1) Its sole motivation on all its operations is direct common good
      materially, spiritually ("henkisessä mielessä"), educationally
      ("siveellisessä mielessä") or socially ("yhteiskunnallisessa
      mielessä"). [Translations are rough where the original phrase is

   2) Its activities are not limited to a particular set of people.
      (This means, for example, that membership must be open to anybody
      who agrees with the goals, not only to for example people called

   3) It does not bring profit through dividends to those involved, not
      counting fair compensation for work done for the association.

I think a Fenfire association would qualify.

(However, even a charity pays taxes for business income.)
Antti-Juhani Kaijanaho                  http://antti-juhani.kaijanaho.info/

     Päiväkohtaisia kirjoituksia - http://antti-juhani.kaijanaho.info/blog/
                            Toys - http://www.cc.jyu.fi/yhd/toys/

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