Unfair Business Competition and the Tax on Income Destined for Charity: Forty-Six Years Later

Authors

• Donald L. Sharpe, Fordham University School of Law

Abstract

Central to the thesis of the article is the view, explored in Part II, that the private, nonprofit charitable organization represents generically a better model than the for-profit enterprise to provide the socially essential or important activities enumerated in section 501(c)(3). The tax exemption afforded to the charitable activities of nonprofit organizations is justified as a means of subsidizing and encouraging an institutional system that has historically fostered pluralism, diversity, and democratic decentralization in American society.

Recommended Citation

Donald L. Sharpe, Unfair Business Competition and the Tax on Income Destined for Charity: Forty-Six Years Later, 3 Fla. Tax Rev. (1998).
Available at: https://scholarship.law.ufl.edu/ftr/vol3/iss1/8