Although there are existing guidelines on how charities can engage in business, Dr Ang said that it plans to"enhance" them to better protect the interests of such organisations.The office of the Commissioner of Charities told The Straits Times that some charities, in particular large groups whose gross annual income are not less than $10 million, engage in business activities to generate additional income or provide more goods and services.
"It is necessary for to play a role so that charities that have subsidiaries doing businesses will remain true to their cause," he said.He said there can be issues, for example, if the staff of a charity perform the duties of its business arm, although they are not paid staff of the subsidiary.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »