Month: May 2013

May 6, 2013

What is the Triple Bottom Line?

The triple bottom line (also known as 3BL, the three Ps and the three pillars) puts into concrete terms what we already know: there’s more to business than just making money. You could even say that there’s more to making money than making money…at least the traditional way. The three pillars are a key component […]

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May 2, 2013

WHEN SHOULD A BUSINESS DONATE AND WHEN SHOUD IT SPONSOR?

Charitable donation – A corporation may deduct the eligible amount of a gift up to 75% of net income, plus 25% of certain taxable capital gains, and 25% of any capital cost recapture – A charitable tax deduction can be carried forward for a period of five years – Charitable receipt will no longer have […]

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