MPR: Nonprofits receive reprieve on property tax issue: "Nonprofits receive reprieve on property tax issue
by Tom Weber, Minnesota Public Radio
June 23, 2008
St. Paul, Minn. — Nonprofit groups in Minnesota have gotten a one-year reprieve on the question of whether they might have to pay taxes on the property they own."
Showing posts with label NPMinnesota. Show all posts
Showing posts with label NPMinnesota. Show all posts
Monday, June 23, 2008
Friday, May 30, 2008
Minnesota Ruling Stirs Debate Over Tax-Exemptions for Nonprofits :: PNNOnline ::
Minnesota Ruling Stirs Debate Over Tax-Exemptions for Nonprofits :: PNNOnline ::: "Concerned about growing budget shortfalls, authorities at the state and federal levels increasingly are questioning the tax-exempt status of nonprofits of all types and sizes, the New York Times reports.
A recent Minnesota Supreme Court decision that rescinded the property tax exemption of a small nonprofit childcare center, for example, has sent tremors through the nonprofit sector. In December, the Minnesota court ruled that the Under the Rainbow Child Care Center had to pay property taxes because, in essence, it gave nothing away. The center charges the same price per child regardless of whether parents are able to pay the full amount themselves or receive government support to cover the cost."
A recent Minnesota Supreme Court decision that rescinded the property tax exemption of a small nonprofit childcare center, for example, has sent tremors through the nonprofit sector. In December, the Minnesota court ruled that the Under the Rainbow Child Care Center had to pay property taxes because, in essence, it gave nothing away. The center charges the same price per child regardless of whether parents are able to pay the full amount themselves or receive government support to cover the cost."
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