non-profit status

Langue: fr

📖 Définitions

Statut non lucratif

EN: The legal designation or tax-exempt standing granted to an organization that operates for purposes other than generating profit for owners or shareholders, such as charitable, educational, or scientific goals.

💬 Exemples

The organization lost its non-profit status due to a failure to comply with tax regulations.

L'organisation a perdu son statut non lucratif pour non-respect des réglementations fiscales.