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.