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One of the justifications argued for non-profits is they "don't pay out profits to owners". MoCo/Fo is one, particularly outlandish, example where a "non-profi
by Dalewyn 2y ago
One of the justifications argued for non-profits is they "don't pay out profits to owners".
MoCo/Fo is one, particularly outlandish, example where a "non-profit" makes a substantial profit and pays it out to its owner(s).
- asdasdsddd 2y agoAnd anything paid out to owners in the form of salary is taxed. The point is that they can't pay dividends or do buybacks