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What Happens When a Company (Like Patagonia) Transfers Ownership to a Nonprofit? In 2018, however, new tax legislation passed allowing charitable organizations to hold 100% of voting rights in a corporation. Accordingly, we can expect to see more of these foundations emerge in the future.
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Rules Issued on Low-Income Housing Credit Average-Income Test The IRS has provided guidance on the low-income housing credit's average-income test. The final and temporary regulations affect owners of low-income housing projects, tenants in those projects, and state or local housing credit agencies that monitor ...
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Digital twins: The foundation of the enterprise metaverse Mass simulations and AI technologies will use data streams from across and beyond the enterprise to help senior executives predict what's next with tremendous precision and prescribe the best course of action in even the most turbulent of times.
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