•OTHER
EXEMPTIONS
•Because
of concerns with respect to reserves and profit-making activities
many organizations are considering whether they want to
maintain NPO status and/or whether they can claim exemption from tax
under other paragraphs of subsection 149(1)
•For
example:
–(c) a municipality in Canada, or a municipal or public
body performing a function of government in Canada
§Mostly
Indian bands but may also include quasi-municipal/regulatory
organizations