News & Analysis as of September 19, 2024

Property Tax › Nonprofits

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Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending on the country or jurisdiction. However, a popular system involves a government assessment of the value of a property and a rate based on a proportion of the assessed value. A property may be subject to taxation by multiple taxing entities. less -

Pennsylvania Commonwealth Court Decides Tax Exemption for Goodwill Industries

Cozen O'Connor on 9/5/2024

In May 2020, Goodwill Industries of North Central Pennsylvania, Inc. (Goodwill) acquired the building in State College, Pennsylvania, in a high-traffic area that had numerous retail stores in the immediate vicinity. Later...more

NPOs Receive Exemptions from Real Estate Betterment Levies

Barnea Jaffa Lande & Co. on 10/5/2023

The Israeli Supreme Court handed down a precedent-setting ruling recently in the Evangelical Episcopal Church case. According to the ruling, Israeli NPOs may receive an exemption from paying real estate betterment levies to...more

DOF Ruling Confirms Property Tax Exemption for Homeless Shelter in a Leasehold Condominium

Holland & Knight LLP on 3/31/2023

In response to a ruling request from Holland & Knight, the New York City Department of Finance (DOF) issued a ruling (FLP-22-5024) holding that a homeless shelter owned and operated by a not-for-profit (NFP) entity is...more

Update on Remedial Bill Concerning Connecticut Property Tax Exemptions for Manufacturers & Not-For-Profit Organizations in Certain...

Pullman & Comley - For What It May Be Worth on 3/23/2023

As an update to our recent post titled “New Remedial Bill Concerning Connecticut Property Tax Exemption for Manufacturers In Certain Municipalities,” which analyzed Raised Senate Bill 1136 (“SB 1136”); a related bill, Senate...more

Ohio’s Property Tax Exemptions: Do 501(c)(3) Non-profit Organizations Still Need to Pay Taxes on Their Real Property?

Kohrman Jackson & Krantz LLP on 3/15/2023

Ohio provides for property tax exemptions for real property held by 501(c)(3) non-profit organizations. However, the exemption is not automatic. The exemption generally applies to real property owned by a qualifying 501(c)(3)...more

Ground Lease Risks in Municipal Bond Projects

ArentFox Schiff on 3/9/2023

Ground lease structures have become a common feature of conduit financings in the municipal bond market. They provide tax advantages to projects and can be structured several different ways depending on the tax-exempt status...more

Appellate Court Upholds Denial of Property Tax Exemption to Non-Profit

White and Williams LLP on 3/6/2023

Across the United States, public schools are primarily funded by property taxes based on assessments on both the land and buildings within the taxing district. Historically, however, non-profit hospitals, health centers,...more

Regulatory Changes Impact Leasehold Condominiums in New York

Holland & Knight LLP on 9/14/2021

The leasehold condominium structure has become a popular way for landlords and nonprofit entities to establish or modify their relationship to permit space that the nonprofit would formerly lease to qualify for a real...more

Indiana Tax Case Study: Avoiding Procedural Pitfalls, Churches Attain Property Tax Exemptions

Faegre Drinker Biddle & Reath LLP on 7/31/2019

Indiana law provides several avenues to achieve property tax exemptions for property used to advance religious purposes. In June 2019, The Indiana Board of Tax Review approved application of property tax exemptions to a...more

MoFo New York Tax Insights - Volume 10, Issue 4

Morrison & Foerster LLP on 4/8/2019

NEW YORK STATE 2019-20 BUDGET BILL ENACTED - As we went to press, the New York State Legislature passed the New York State Budget Bill for 2019-20, containing several new and important tax provisions. S. 1509-C/A. 2009-C....more

[Event] Nonprofit Property Tax Exemptions: Getting Started and Maintaining Compliance - January 24th, San Francisco, CA

Farella Braun + Martel LLP on 1/16/2019

The deadlines for California nonprofit organizations seeking to initially obtain or renew exemption from real estate or personal property taxes are quickly approaching. Please join us as we review the current state of the law...more

Facing property revaluation? Here’s what you need to know.

Maynard Nexsen on 1/9/2019

Twenty-six counties will conduct revaluations of all real estate in January 2019 and property owners — including businesses, nonprofit organizations and individuals — should pay close attention....more

Current Issues for Higher Education Real Estate Lawyers

Bowditch & Dewey on 11/9/2017

Campus Real Estate, Property Management, Tax Credits The 15th Annual Higher Education Real Estate Lawyers conference was held in San Francisco, where attendees listened to and learned from both in-house and outside counsel at...more

Supreme Court 2016-17 Recap

Skadden, Arps, Slate, Meagher & Flom LLP on 6/20/2017

The politics surrounding the appointment of a new justice to the U.S. Supreme Court dominated the news cycle during the 2016-17 term, but the Court’s decisions themselves have been far from controversial. As the term draws to...more

Annual Filing for Welfare Exemption Due On or Before February 15th

Coblentz Patch Duffy & Bass on 2/13/2017

The February 15, 2017 deadline for nonprofit organizations in California seeking to initially obtain or renew exemption from property taxes is quickly approaching, and there are changes to the reporting requirements if your...more

No Joke: Indiana Real and Personal Property Tax Exemption Applications Due April 1

Faegre Drinker Biddle & Reath LLP on 3/10/2016

This is no April Fools’ Day joke. Indiana property tax exemption applications for 2016 are due on or by April 1 — six weeks earlier than in previous years. If an exemption application is not properly and timely filed, the...more

Spotlight On Alabama: A Busy Tax Year in Review

Baker Donelson on 10/29/2015

It has been a busy year for developments in Alabama state taxation. In this tax alert we review many of the significant developments that have occurred over the last 12 months....more

Group Homes Were Not Charitable

Cozen O'Connor on 7/24/2015

A panel of the Commonwealth Court of Pennsylvania held that group homes maintained by a nonprofit for persons with intellectual disabilities were not entitled to real estate tax exemptions as charities. ARC Human Services,...more

Morristown Memorial Hospital: A Tax Exemption Ruling All Nonprofit Hospitals Need to Know About

Ballard Spahr LLP on 7/22/2015

A recent New Jersey Tax Court decision has nonprofit entities on edge. The decision may offer tax authorities the opportunity to pursue payments from nonprofit hospitals and may result in the redefining of tax exemptions by...more

Texas Supreme Court Upholds Property Tax Exemption For Student Housing Authority’s Dormitory Used By Summer Campers

Faegre Drinker Biddle & Reath LLP on 5/29/2015

On April 24, 2015, the Texas Supreme Court in Texas Student Housing Authority v. Brazos County Appraisal District and Appraisal Review Board for Brazos County Appraisal District rejected a county appraisal district’s argument...more

Extension for Philadelphia Nonprofit Property Owners Filing to Maintain Tax Exemption

Troutman Pepper on 4/2/2015

Nonprofit organization owners of tax-exempt real property located in Philadelphia were required to submit information by March 31, 2015 for their properties to continue to be exempt from tax for 2016. The Philadelphia Office...more

Can an Indiana Chamber of Commerce’s Building Qualify for a Property Tax Exemption? Not Without Evidence of Predominate Use for an...

Faegre Drinker Biddle & Reath LLP on 3/17/2015

In Greater Portage Chamber of Commerce v. Porter County Assessor, Pet. No. 64-016-10-2-8-00001 (January 2, 2015), the Indiana Board of Tax Review confirmed the denial of a property tax exemption where the taxpayer failed to...more

One State Explores Imposing Real Property Tax on Nonprofits

Bond Schoeneck & King PLLC on 1/14/2015

In states such as New York, where local governments and public schools are funded by taxes on real property, exemptions are often highly scrutinized by assessors and taxpayers alike. However, the exemption provided to...more

MoFo New York Tax Insights - Volume 5, Issue 12 - December 2014

Morrison & Foerster LLP on 12/10/2014

In This Issue: - ALJ Rejects New York City’s Attempt to Forcibly Combine Bank and Its Non-New York City Mortgage Subsidiary - Tribunal Amends Decision Upholding Disallowance of Nonresident Partner’s Loss from...more

Indiana Property Tax Exemptions: Church Permitted To File Letter In Lieu Of Application; Trade Association Failed To Prove Split...

Faegre Drinker Biddle & Reath LLP on 9/23/2014

Church properly used letter of notification (and not official application) to claim exemption; previously granted exemption rolled forward. The Indiana Board of Tax Review applied a 100% property tax exemption to a church...more

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Property Tax › Nonprofits

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