TITLE

Nonprofit Seeking to Lease to Another Will Not Face Tax Problems, IRS Says

AUTHOR(S)
Kinnander, Ola
PUB. DATE
August 2000
SOURCE
Bond Buyer;08/16/2000, Vol. 333 Issue 30955, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the United States Internal Revenue Service's (IRS) private-letter ruling allowing a nonprofit organization to lease its building to another organization without generating any tax problems. Conditions set by the IRS; Implications if the building is financed with tax-exempt bonds.
ACCESSION #
3472871

 

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