Public Benefit Activity definition

Public Benefit Activity means an activity that supports or promotes public benefit by enhancing or promoting the economic, environmental, social or cultural development or protecting the environment or lobbying or advocating on issues of general public interest or the interest or well-being of the general public or a category of individuals or organizations;

Public Benefit Activity. – means a public benefit activity listed in Part I of the Ninth Schedule of the Income Tax Act;

Public Benefit Activity means a public benefit activity as defined in the Income Tax Act;

Examples of Public Benefit Activity in a sentence

• As will be discussed in the next section, certain statutory activities that a PBO (whether association or foundation) carries out for fees are not considered economic activities.Payments Received for Public Benefit ActivitiesThe Law on Public Benefit Activity and Volunteerism provides that certain statutory activities carried out for fees by a non-governmental organization (including an association or foundation, with or without PBO designation) are not considered economic activities (PBA Law Article 6).

• However, at the same time Polish inhabitants were encouraged, by the Act of Public Benefit Activity and Volunteering (2004) to take part of the responsibility for the social policy of the government.

• Poland is a civil law country with two primary forms of not-for-profit, non-governmental organizations (NPOs): • Associations• FoundationsThese forms are governed by the Law on Associations and the Law on Foundations, respectively.In addition, the Law on Public Benefit Activity and Volunteerism (PBA Law), enacted in 2003 and amended in 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, and 2018, permits Polish NPOs to seek designation as Public Benefit Organizations (PBOs).

• Public Benefit Organizations (PBOs)In April 2003, the Polish Parliament adopted the Law on Public Benefit Activity and Volunteerism (PBA Law), which, among other things, establishes “Public Benefit Organizations.” The PBA Law was substantially amended in 2010, and additional changes were introduced in 2011, 2012, and 2013.

• Tax law refers to Articles 3 and 4 of the Act on Public Benefit Activity and Voluntarism, which defines public benefit organisation as an organisation whose “statutory activity includes work for the benefit of the entire society or of a specific group of individuals provided that such a group can be distinguished from society due to its difficult living conditions or financial situation” see question above.

More Definitions of Public Benefit Activity

Public Benefit Activity means a public benefit activity as contemplated in section 30(1) read with Part 1 of the ninth schedule of the Income Tax Act or any such activities determined by the Minister of Finance by notice in the Gazette which is benevolent in nature, having regard to the needs, interests and wellbeing of the general public;

Public Benefit Activity means any activity listed in Schedule 1 of the Act.

Public Benefit Activity. – means a public benefit activity listed in Part I of the Ninth Schedule of the Income Tax Act; “Public Benefit Organisation” – means a Public Benefit Organisation as defined in section 30(1) of the Income Tax Act; “QC” – Quality Council;

Public Benefit Activity means any activity listed in Part I of the Ninth Schedule of the Companies Act, 2008 (Act No. 61 of 2008).

Public Benefit Activity means a public benefit activity as defined in section 30 of the Income Tax Act;

Public Benefit Activity or “PBA” means a public benefit activity as contemplated in section 30(1) of the Income Tax Act;

Public Benefit Activity means all activities serving - directly or indirectly - the fulfillment of public functions specified in the instrument of constitution, with a view to facilitating the common interests of society and of the individual;