Oct 18
Can a religious charity charge interest on $ it lends or would this disqulify their status?
United States 1 Comment »Isaac H asked:
Can a religious charity lend money to its congregations and charge interest on this loan? If so would this disqualify their status or require taxes paid on the profit?
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Can a religious charity lend money to its congregations and charge interest on this loan? If so would this disqualify their status or require taxes paid on the profit?
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