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

Kinnander, Ola
August 2000
Bond Buyer;08/16/2000, Vol. 333 Issue 30955, p6
Trade Publication
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.


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