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of <h1>Non-Profit Faces 30% Tax on Net Worth if Merging with Non-Qualified Entity or Delayed Asset Transfer Post-Dissolution</h1> A non-profit organization is subject to a 30% income tax on its net worth if it converts into or merges with an entity that does not qualify as a non-profit, or if it fails to transfer all assets to another non-profit within three months of dissolution. The net worth is calculated based on the total assets minus liabilities, determined on the date of conversion, merger, or dissolution, as applicable.
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