Must charities register as "doing business" or fundraisers in every state with a registration requirement because their websites are available to users in every state? In an attempt to offer some clarity to the murky legal landscape facing charities and state regulators, the National Association of State Charity Officials (“NASCO”) has released non-binding guidelines, known as “The Charleston Principles.” The Charleston Principles attempt to address the application of state registration requirements to charities soliciting donations over the Internet. The Charleston Principles are intended to serve as non-binding guidance to state regulators.
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Tax Law Updates, Business Organization Updates, Education Law Updates
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