Ask Question
16 September, 08:56

Similar to other not-for-profits, government healthcare organizations are able to raise funds through equity investments and they are exempt from income taxes and property taxes.

true/false

+2
Answers (1)
  1. 16 September, 11:52
    0
    False

    Explanation:

    Non-profit organisation are exempted by the government from any sort of taxes to improve their operations and effectiveness. Government health organisation sometimes raise funds through equity investments, and any funds generated thought equity financing comes under tax bracket. In this regard, government healthcare organisations which raise funds by using equity financing are not exempted from income or property tax.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Similar to other not-for-profits, government healthcare organizations are able to raise funds through equity investments and they are ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers