IPC PDF

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Are set up exclusively for charitable purposes; and. C arry out activities to achieve these purposes which benefit the public. Advancement of sport, where the sport promotes health through physical skill and exertion. All registered charities will enjoy automatic income tax exemption. For properties which are used for exclusively charitable purposes, property tax may be exempted in full or partially upon application and review by the Comptroller of Property Tax.

In other words, donors are able to claim tax relief from their assessable income based on the amount donated, at prevailing deduction rate. As this makes IPCs generally more appealing to donors in attracting donations, these organisations are rightfully held to a higher standard, both in terms of regulatory compliance as well as governance.

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Relief of those in need by reason of youth, age, ill-health, disability, financial hardship or other disadvantages;. Rate our website. Last updated on 11 Jan.

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