Are associations/clubs liable for income tax?

asked Jan 23, 2018 in General Questions by anonymous
Are associations/clubs liable for income tax? We have a sports club. We get income from subscriptions, donations, renting sports ground and also interest from deposits. We are a non-profit organization.

1 Answer

0 votes
answered Jan 26, 2018 by anonymous
Liable on commercial activities at 10%. Your donation/subscription income is not taxed but rent income will be taxed at 10%

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