The xeriscape council of new mexico , inc . , is a non - profit tax - exempt corporation.

描述：新墨西哥州旱生园艺理事会是一个非营利免税社团。

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Those enterprises whose term of operation less than 10 years are exempt from income tax for the first two profit-making years.

经营期限不足十年的，从获利的年度起，第一、二年免征所得税。

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The newly set software production enterprises, since the profit-making year, the first two years should be exempt corporate income tax, the third to fifth year income tax levied by half.

经认定的新办软件生产企业，自获利年度起，所得税前二年免征，第三年至第五年减半征收。

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Both types of entities must register with the federal government, but a not-for-profit must file more extensive paperwork to earn its tax-exempt status.

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It was incorporated as an Illinois not-for-profit corporation in 1963 at the behest of the ABA, which is a tax-exempt business league.

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Tax-exempt organizations which make money this way are supposed to turn the profit over to the government.

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