Friday, January 19, 2007

Seacoast Online Breaking News: N.H. court clarifies rules for tax-exempt nonprofits

Seacoast Online Breaking News: N.H. court clarifies rules for tax-exempt nonprofits: "N.H. court clarifies rules for tax-exempt nonprofits

By Katharine Webster, Associated Press Writer

CONCORD - In a broad ruling Thursday, the state Supreme Court clarified the standards nonprofit organizations must meet to win exemption from local property taxes.

The ruling came in a dispute between Eldertrust of Florida Inc. and the town of Epsom, where Eldertrust owns a nursing home, Epsom Manor, and an assisted living facility, Heartland Place."

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