What is not an advantage of obtaining section 501(c)(3) status?

A. The charitable organization is permitted to engage in a trade or business unrelated to its mission without having to pay income taxes.
B. Donors to the charitable organization are permitted to deduct contributions to the organization in computing their income taxes.
C. Neither The charitable organization is permitted to engage in a trade or business unrelated to its mission without having to pay income taxes nor The charitable organization does not have to pay state sales tax is an advantage.
D. The charitable organization does not have to pay state sales tax.


Answer: C

Business

You might also like to view...

In Figure 2.3, the marginal rate of transformation of wheat into autos is



a. one and two-thirds.
b. two and one-third.
c. three fifths.
d. three sevenths.

Business

The focus of the marketing concept era was on

A. technology. B. production. C. customers. D. competition. E. sales.

Business

_____ involves determining whether performance deficiencies result from lack of knowledge or skills.

a. Task analysis b. Person Analysis c. Organizational analysis d. Gap analysis

Business

__________ is a set of beliefs and values shared by members of a given group.

a. Culture b. Beliefs c. Ethnicity d. Nationality

Business