Castle's tax-exempt status?

songkrai · 07-28-2011, 03:44 PM

I think on current editions one has to have a paid subscription to view articles. Not sure though.

Most towns provide tax-exempt status to not for profits. I am no tax expert though.

I don't know who owns the Castle in the Clouds currently but I think it is a not for profit organization.

Why the town has singled out this one I am not sure.

If the owners of the Castle in the Clouds meet state standards for a not for profit then I don't see any issues.

Maybe others can chime in.

07-28-2011, 03:44 PM	#2
songkrai Senior Member Join Date: Dec 2009 Posts: 734 Thanks: 35 Thanked 147 Times in 99 Posts	I think on current editions one has to have a paid subscription to view articles. Not sure though. Most towns provide tax-exempt status to not for profits. I am no tax expert though. I don't know who owns the Castle in the Clouds currently but I think it is a not for profit organization. Why the town has singled out this one I am not sure. If the owners of the Castle in the Clouds meet state standards for a not for profit then I don't see any issues. Maybe others can chime in.