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Conclave to acquaint non-profit
forums with tax laws
Scores participate but ‘our own’ remain blissfully unaware
WSN Bureau
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Except Fremont Gurdwara Sahib president, no other representative
from the Bay Area Gurdwara committees attended this important
conference. Most attendees and participants were from churches,
mosques and temples |
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SUNNYVALE:
A number
of senior people known for thinking minds from Board of
Equalization, Employment Development Department (EDD), Franchise Tax
Board (FTB) Internal Revenue Service got together at the Community
Hall of Hindu
Temple,
Sunnyvale to discuss with representatives of non-profit
organizations some key issues at a conference. Right from 9 am of
May 22 till 4.30 pm in the evening, officers from various
departments explained how the non-profit organizations can work
while remaining within the space legally permitted and how they must
contend with some tough legal provisions.
Representatives
from some 228 forums had come to participate, including many from
churches, mosques, temples and other non-profit forums. It is worth
mentioning that except Harjot Singh Khalsa, president of Gurdwara
Sahib, Fremont, no other representative from the Bay Area Gurdwara
committees attended this important conference. Most attendees and
participants were from churches, mosques and temples. The seminar
cum conference was organized in view of changed laws and
circumstances, and stress was laid on the fact that the non-profit
bodies must work as per the legal provisions. The vice chairman of
the Board of Organizations Bettie T E told the World Sikh News that
it was very essential for the religious organizations that they
maintain accounts as per the laws governing non-profit bodies and
should not lose their status as nonprofit organizations through
casual handling of money matters.
She
said many non-profit organizations work under the erroneous
impression that they are not liable to pay any taxes. There are many
places where law is differently applied, and the non-profit
organizations should acquaint themselves with the legal provisions.
In response to a question asked by Hindu Temple, Sunnyvale's senior
office bearer Raj Bhanot, she said the law was very tough on this
score, and was also complex and tricky. As per the law penned in
1930, it is not necessary that all taxes were exempted. She said the
people managing such bodies should be keeping abreast of the legal
provisions and should attend such seminars. She also thanked the
Hindu Temple Sunnyvale for getting together the 250 plus bodies for
the cause and arranging for breakfast and lunch. Raj Bhanot later
told the World Sikh News that it was a disappointing experience also
in one way as the seminar was held to benefit our own people but
most of them stayed away while other communities came forward in big
numbers.
He said he had
invited Punjabi communities and people connected with religious and
social service bodies through emails, messages and phone calls but
the response remained dismal.
28
May,
2008
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