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Can I open a nonprofit but not be tax exempt?

Your Legal Questions Answered

Can I open a nonprofit but not be tax exempt?

Can I open a nonprofit but not be tax exempt?

Yes. But why would you want to do so?

Thursday, March 6, 2008

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Because state law requires an entity wishing to engage in certain activities to be a nonprofit, but federal tax exempt status is not available for the activity. Think needle exchanges, or cannabis dispensaries.

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