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August 16, 2015 3:35 am at 3:35 am
#1095944
nishtdayngesheft
Participant
ZD,
But they are not 501(c)(3) organizations. As such they are not exempt from real estate taxes or sales tax.
And even tax exempt organizations can be subject to income tax. A Private foundation is subject to tax on investments income and all tax exempt organizations can be subject to UBIT.