Thursday, July 30, 2009

Tax Court ruling affects Indiana nonprofits that rent space | IndyStar.com | The Indianapolis Star

Tax Court ruling affects Indiana nonprofits that rent space | IndyStar.com | The Indianapolis Star: "The Indiana Tax Court has issued a decision that could benefit nonprofits across the state.

The tax court ruled that landlords who rent property to nonprofits can qualify for property-tax exemptions. Previously, properties leased by nonprofits were not granted exemptions."

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