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Nonprofits Tax Exempt Entities Appropriations Bill

Bracewell LLP

New Law Repeals Parking Tax for Tax-Exempt Organizations

Bracewell LLP on

Good news for tax-exempt organizations! The “Further Consolidated Appropriations Act, 2020” (H.R. 1865 — 116th Congress (2019-2020)) (the “Act”) signed into law on December 20, 2019, retroactively repealed Section 512(a)(7)...more

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