Tax-exempt
Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items. Examples include exemption of charitable organizations from property taxes and income taxes, veterans, and certain cross-border or multi-jurisdictional scenarios. A tax exemption is distinct and different from a tax exclusion and a tax deduction, all of which are different types of tax expenditures. A tax exemption is an income stream on which no tax is levied, such as interest income from state and local bonds, which is often exempt from federal income tax. Additionally, certain qualifying non-profit organizations are exempt from federal income tax. A tax exclusion refers to a dollar amount (or proportion of taxable income) that can be legally excluded from the taxable base income prior to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nonprofit Organization
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on the local laws, charities are regularly organized as non-profits. A host of organizations may be non-profit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an enti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Charitable Organizations
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, Religion, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The Charity regulators, regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of their funds to profit individual persons or entities. However, some charitable organizations have come under scrutiny for spending a disproportionate amount of their income to pay the salaries of their leadership. Financial figures (e.g. tax refunds, revenue from fundraising, revenue from the sale of goods and services or revenue from investment, and funds held in reserve) are indicators to assess the financial sustainability of a charity, especiall ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sales Taxes In The United States
Sales taxes in the United States are Taxes in America, taxes placed on the sale or lease of goods and services in the United States. Sales tax is governed at the state level and no national general sales tax exists. 45 states, the District of Columbia, the territories of Puerto Rico, and Guam impose general sales taxes that apply to the sale or lease of most goods and some services, and states also may levy selective sales taxes on the sale or lease of particular goods or services. States may grant local governments the authority to impose additional general or selective sales taxes. As of 2017, 5 states (Alaska, Delaware, Montana, New Hampshire and Oregon) do not levy a statewide sales tax. Louisiana ranks as the state with the highest sales tax. Residents in some areas face a 12% sales tax Laws vary widely as to what goods are subject to tax. For instance, some US states such as Tennessee, Idaho or Mississippi tax Grocery store, groceries, Feminine hygiene, feminine h ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Commission On Private Philanthropy And Public Needs
The Commission on Private Philanthropy and Public Needs, better known as the Filer Commission,Commission on Private Philanthropy and Public Needs. Giving in America: Toward a Stronger Voluntary Sector. Commission on Private Philanthropy and Public Needs: 1975. was formed in 1973 to study philanthropy, the role of the private sector in American society, and then to recommend measures to increase voluntary giving. Organized as a privately supported citizen's board, the Commission came into being through the efforts of John D. Rockefeller III, Wilbur D. Mills, George P. Shultz, and William E. Simon. The selection of participants on the Commission reflected a desire for diversity of experience and opinions and included heads of religious and labor groups, former cabinet secretaries, corporate and Foreign Securities Corporation and President of Metropolitan Museum of Art. #Edwin D. Etherington, Former President of Wesleyan University and Trustee of Alfred P. Sloan Foundation. #Bayard ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Gift Tax
In economics, a gift tax is the tax on money or property that one living person or corporate entity gives to another. A gift tax is a type of transfer tax that is imposed when someone gives something of value to someone else. The transfer must be gratuitous or the receiving party must pay a lesser amount than the item's full value to be considered a gift. Items received upon the death of another are considered separately under the inheritance tax. Many gifts are not subject to taxation because of exemptions given in tax laws. The gift tax amount varies by jurisdiction, and international comparison of rates is complex and fluid. The process of transferring assets and wealth to the upcoming generations is known as estate planning. It involves planning for transfers at death or during life. One such instrument is the right to transfer assets to another person known as gift-giving, or with the goal of reducing one's taxable wealth when the donor still lives. For fulfilling the cr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Charles VII Of France
Charles VII (22 February 1403 – 22 July 1461), called the Victorious () or the Well-Served (), was King of France from 1422 to his death in 1461. His reign saw the end of the Hundred Years' War and a ''de facto'' end of the English claims to the French throne. During the Hundred Years' War, Charles VII inherited the throne of France under desperate circumstances. Forces of the Kingdom of England and the duke of Burgundy occupied Guyenne and northern France, including Paris, the capital and most populous city, and Reims, the city in which French kings were traditionally crowned. In addition, his father, Charles VI, had disinherited him in 1420 and recognized Henry V of England and his heirs as the legitimate successors to the French crown. At the same time, a civil war raged in France between the Armagnacs (supporters of the House of Valois) and the Burgundian party (supporters of the House of Valois-Burgundy, which was allied to the English). With his court removed ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Domrémy-la-Pucelle
Domrémy-la-Pucelle (, ) is a commune in the Vosges department in Grand Est in northeastern France. The village, originally named Domrémy, is the birthplace of Joan of Arc. It has since been renamed ''Domrémy-la-Pucelle'' after Joan's nickname, ("the Maid of Orléans"). Geography Domrémy is positioned along the Upper Meuse Valley, north of the town of Coussey. The village land includes a small wooded hill to the west of the houses, which rises to a height of , known as the Domrémy Wood. This overlooks the small adjacent settlement of Les Roises. History Domrémy and Greux were exempted from taxes "forever" by Charles VII in 1429. It was the sole request made of the king by Joan of Arc when Charles asked her how he could show her his appreciation for seeing him crowned; Joan felt that taxes burdened the villagers. Moreover, he wished to do a good deed for her success in fighting the English during the Hundred Years' War. Taxes were imposed upon Domrémy and Greux ag ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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St Martin Of Tours
Martin of Tours (; 316/3368 November 397) was the third bishop of Tours. He is the patron saint of many communities and organizations across Europe, including France's Third Republic. A native of Pannonia (present-day Hungary), he converted to Christianity at a young age. He served in the Roman cavalry in Gaul, but left military service prior to 361, when he became a disciple of Hilary of Poitiers, establishing the monastery at Ligugé. He was consecrated as Bishop of Caesarodunum (Tours) in 371. As bishop, he was active in the suppression of the remnants of Gallo-Roman religion. The contemporary hagiographer Sulpicius Severus wrote a ''Life of St. Martin''. He is best known for the account of his using his sword to cut his cloak in two, to give half to a beggar clad only in rags in winter. His shrine in Tours became an often-frequented stop for pilgrims on the road to Santiago de Compostela in Spain. Hagiography Sulpicius Severus, a contemporary Christian writer ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tours
Tours ( ; ) is the largest city in the region of Centre-Val de Loire, France. It is the Prefectures in France, prefecture of the Departments of France, department of Indre-et-Loire. The Communes of France, commune of Tours had 136,463 inhabitants as of 2018 while the population of the whole functional area (France), metropolitan area was 516,973. Tours sits on the lower reaches of the Loire, between Orléans and the Atlantic Ocean, Atlantic coast. Formerly named Caesarodunum by its founder, Roman Augustus, Emperor Augustus, it possesses one of the largest amphitheaters of the Roman Empire, the Tours Amphitheatre. Known for the Battle of Tours in 732 AD, it is a National Sanctuary with connections to the Merovingian dynasty, Merovingians and the Carolingian dynasty, Carolingians, with the Capetian dynasty, Capetians making the kingdom's currency the Livre tournois. Martin of Tours, Saint Martin and Gregory of Tours were from Tours. Tours was once part of Touraine, a former provi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Joan Of Arc
Joan of Arc ( ; ; – 30 May 1431) is a patron saint of France, honored as a defender of the French nation for her role in the siege of Orléans and her insistence on the Coronation of the French monarch, coronation of Charles VII of France during the Hundred Years' War. Claiming to be acting under divine guidance, she became a military leader who transcended gender roles and gained recognition as a savior of France. Joan was born to a propertied peasant family at Domrémy-la-Pucelle, Domrémy in northeast France. In 1428, she requested to be taken to Charles VII, later testifying that she was guided by visions from the archangel Michael, Margaret the Virgin, Saint Margaret, and Catherine of Alexandria, Saint Catherine to help him save France from English domination. Convinced of her devotion and purity, Charles sent Joan, who was about seventeen years old, to the siege of Orléans as part of a relief army. She arrived at the city in April 1429, wielding her banner a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Goliath
Goliath ( ) was a Philistines, Philistine giant in the Book of Samuel. Descriptions of Goliath's giant, immense stature vary among biblical sources, with texts describing him as either or tall. According to the text, Goliath issued a challenge to the Israelites, daring them to send forth a champion to engage him in single combat; he was ultimately defeated by the young shepherd David, employing a Sling (weapon)#Biblical accounts, sling and stone as a weapon. The narrative signified Saul, King Saul's unfitness to rule, as Saul himself should have fought for the Kingdom of Israel (united monarchy), Kingdom of Israel. Some modern scholars believe that the original slayer of Goliath may have been Elhanan, son of Jair, who features in 2 Samuel 21:19, in which Elhanan kills Goliath the Gittite, and that the authors of the Deuteronomist#Deuteronomistic history, Deuteronomistic history changed the original text to credit the victory to the more famous figure David. The phrase "#Mod ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Philistine
Philistines (; Septuagint, LXX: ; ) were ancient people who lived on the south coast of Canaan during the Iron Age in a confederation of city-states generally referred to as Philistia. There is compelling evidence to suggest that the Philistines originated from a Greek immigrant group from the Aegean civilization, Aegean. The immigrant group settled in Canaan around 1175 BC, during the Late Bronze Age collapse. Over time, they intermixed with the indigenous Canaanite societies and assimilated elements from them, while preserving their own unique culture. In 604 BC, the Philistines, who had been under the rule of the Neo-Assyrian Empire (911–605 BC), were ultimately vanquished by King Nebuchadnezzar II of the Neo-Babylonian Empire. Much like the kingdoms of Kingdom of Israel (united monarchy), Israel and Kingdom of Judah, Judah, the Philistines lost their autonomy by the end of the Iron Age, becoming vassals to the Assyrian people, Assyrians, Egyptians, and later Babylonians ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |