British Charity Network Calls for Tax Breaks for Helping the Poor
June 24, 2009
A British association of local charities is recommending that major donors be charged less in taxes if they give to organizations based in disadvantaged regions, reports Third Sector Online.
In a manifesto on local philanthropy, the Community Foundation Network proposes creating “special giving zones” to encourage investment in poorer communities by offering givers favorable tax treatment. Also among the 29 recommendations is a $49-million fund to help smaller charities set up online donation systems.
