Thursday, June 11, 2009

Legislators eliminate requirement for nonprofits to list property assets – OregonLive.com

Legislators eliminate requirement for nonprofits to list property assets – OregonLive.com: "Nonprofits whose real property is exempt from taxation will have a lot less paperwork next year, thanks to a bill that recently cleared the state Legislature.

The organizations will no longer have to list personal property assets as part of their application for tax-exempt status, eliminating the annual Confidential Personal Property Return on tax-exempt property."

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