4 ms·
> You are NOT a non-profit if you sell stuff. Depends on the legal system. From what I remember (once worked in a foundation myself) the general approach in EU
by molszanski 9y ago
> You are NOT a non-profit if you sell stuff.
Depends on the legal system. From what I remember (once worked in a foundation myself) the general approach in EU is that donations are "tax-free" but if you "sell" anything, you should calc profit/loss and pay a corporate tax.
Paying for Dmitry is a statutory expense, so don't understand why that would raise an eyebrow.
- bonzini 9y agoBecause of how VAT works (which in turn is different for companies and nonprofits).