Board logo

标题: Is foundation taxable entity? [打印本页]

作者: cjs238    时间: 2011-7-11 19:15     标题: Is foundation taxable entity?

I think this s kind of ambiguous. Is foundation a taxable entity? Yes or No?

I know some of them are, some of them not, tax rate is very low, but again, can I say, "Foundation is same as endowment, tax free, blar blar blar....."
作者: bpdulog    时间: 2011-7-11 19:15

not taxable as long as they meet their annual distribution requirement
作者: cityboy    时间: 2011-7-11 19:15

Typically tax free as long as they meet a spending hurdle.




欢迎光临 CFA论坛 (http://forum.theanalystspace.com/) Powered by Discuz! 7.2