The importance of the non-profit sector and the levels of regulations for non-profit corporations have continued to increase significantly in recent years. This forces many public welfare organizations to realign their structures. Attention has to be paid to the appropriate adjustments in tax rules for charitable organizations since mistakes may directly jeopardize their status as charitable organization and will result in existence-threatening tax demands.
Mistakes in the everyday business of non-profit organizations or in contractual arrangements may lead to severe tax consequences. These can be avoided with forward-looking advice. Raising clients' awareness of critical points is crucial in this respect.
We have many years of extensive experience in advising non-profit corporations both in setting-up and in restructuring as well as in the competent management of day-to-day issues.