Monday, April 25, 2011

Majority Of Tax-Exempts Pay Tax Anyway

Majority Of Tax-Exempts Pay Tax Anyway: "Majority Of Tax-Exempts Pay Tax Anyway

By Samuel J. Fanburg

Some 63 percent of nonprofits reported paying various types of fee and taxes to local and state governments during 2010. Of these types of assessments, 17 percent reported paying field-specific taxes, 36 percent paid “other payments,” 9 percent paid PILOT (payments in lieu of taxes) and 42 percent of nonprofits paid user fees."

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