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2004-229Q
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2004-229Q
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Last modified
9/27/2016 2:18:29 PM
Creation date
9/30/2015 8:03:14 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
10/12/2004
Control Number
2004-229Q
Agenda Item Number
7.I.
Entity Name
Catholic Charities of Diocese of Palm Beach
Subject
Samaritan Center Program
Children's Services Advisory Committee
Archived Roll/Disk#
3224
Supplemental fields
SmeadsoftID
4314
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Responsibilities under Group Ruling; Diocesan officials who compile OCD <br /> information for transmittal to the OCD publisher are responsible for the accuracy of <br /> such information . This means that they must ensure that only qualified <br /> organizations are listed , that organizations that cease to qualify are deleted <br /> promptly, and that qualified newly-created organizations are listed as soon as <br /> possible . The current legal and procedural requirements for inclusion in the Group <br /> Ruling and OCD , as well as the application form , is available at <br /> ihttp://wwwwusccboorg/bishops/dfi/exemptionruling.htm , <br /> EXPLANATION <br /> 1 . Exemption from Federal Income Tax . The latest ruling reaffirms the <br /> exemption from federal income tax under section 501 (c)(3) of the Code of "the <br /> agencies and instrumentalities and educational , charitable , and religious institutions <br /> operated , supervised or controlled by or in connection with the Roman Catholic <br /> Church in the United States, its territories or possessions appearing in the Official <br /> Catholic Directory for 2004" (with the exception of organizations designated in the <br /> OCD with an asterisk and foreign organizations). <br /> 2 . Federal Excise Taxes. Inclusion in the Group Ruling has no effect <br /> on an organization's liability for federal excise taxes. Exemption from these taxes is <br /> very limited . Please refer to your attorney any questions you may have about excise <br /> taxes. <br /> 3. StatelLocai Taxes. Inclusion in the Group Ruling does not <br /> automatically establish an organization's exemption from state or local income, sales <br /> or property taxes . Typically, separate exemptions must be obtained from the <br /> appropriate state or local tax authorities in order to qualify for any applicable <br /> exemptions. Please refer to your attorney any questions you may have about state <br /> or local tax exemptions . <br /> 4. Deductibility of Contributions . The Group Ruling assures donors <br /> that contributions to the institutions listed in the 2004 {SCD and covered by the <br /> Group Ruling are deductible for federal income, gift, and estate tax purposes. <br /> 5 . Unemployment Tax. The Group Ruling establishes exemption from <br /> federal unemployment tax only. Individual states may impose unemployment tax on <br /> organizations included in the Group Ruling , even though they are exempt from the <br /> federal tax. Please refer to your attorney any questions you may have about state <br /> unemployment tax . <br /> 6 . Social Secur t Tax. All section 501 (c)( 3 ) organizations, including <br /> churches , are required to pay taxes under the Federal Insurance Contributions Act <br /> ( FICA) for each employee who is paid $ 100 or more in a calendar year. 3° Services <br /> Section 3121 (w) of the Code permits certain church-related organizations to <br /> make an irrevocable election to avoid payment of FICA taxes, but only if such <br /> organizations are opposed for reit loos reasons to payment of social security <br /> taxes. <br /> 2 <br />
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