Similar tests will be applied to loans from the company as well as charitable contributions from General Electric to organizations that a director serves as an officer or director.
Subsequent failures are where money has already been applied to a charitable purpose, and that purpose has failed.
Experts said that the charitable immunity law only applied to charitable institutions, not individuals.
Of even greater concern is that this cap on tax reliefs apparently applies to charitable donations, which can currently be offset without limit against your taxable income.
Economics- What are "tax deductions," and how do they apply to charitable giving?
Within English trusts law, a standard express trust has a relationship between the trustees and the beneficiaries; this does not apply to charitable trusts, partially because of the special definition of trustee used and partially because there are no individual beneficiaries identified in a charitable trust.
The same applies to charitable work: priests, in such short supply, have to concentrate on their basic business.Why are priests getting fewer?
Does Cohan apply to charitable contributions?
The opposite view, of course, is that England should be applying for charitable status, so readily have they accepted the benevolence of the Kiwis in conceding positions of strength ever since the remarkably complete performance in Hamilton, the aftermath of which was the last time the machete went through the England ranks.
This raises different questions, as it is a matter of deciding "has the original charitable gift failed, and, if it has, can the money be applied cy-près or must it go on resulting trust to the settlor's estate"?
