Just a question; If the LDS church is tax exempt, so that they pay no taxes on the tithings recieved from their members, do they actually have to pay taxes on the money that employees of the church (and BYU) pay as tithing? Since the employees are requiremed to pay it as a condition for continued employment, it can not be considered a voluntary donation, but rather an employment fee.
It would seem to me that their legal standing as a non-profit organization would be jepardized because of this "revenue".
Thanks for any input.
tax exempt
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_Jason Bourne
- _Emeritus
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Re: tax exempt
I do not know but doubt it.
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_emilysmith
- _Emeritus
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Re: tax exempt
A quick Googling yielded nothing, but I seem to remember reading that the Church pays taxes on its business ventures.
Non-profit employees are not exempt from paying taxes.
Non-profit employees are not exempt from paying taxes.
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_Fence Sitter
- _Emeritus
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Re: tax exempt
emilysmith wrote:A quick Googling yielded nothing, but I seem to remember reading that the Church pays taxes on its business ventures.
If the Church makes a profit on a business venture does it have to pay itself the tithing due on that profit and if so would it be paid on the gross or the net proceeds?
"Any over-ritualized religion since the dawn of time can make its priests say yes, we know, it is rotten, and hard luck, but just do as we say, keep at the ritual, stick it out, give us your money and you'll end up with the angels in heaven for evermore."