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Taxation & Estate Planning

: TaxProf Blog

Chronicle: Nonprofits Pay Zero Tax on Billions of Unrelated Business Income

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The Chronicle of Philanthropy reviewed the Form 990s for 91 nonprofit organizations -- including Columbia, Emory, Harvard, Indiana, Johns Hopkins, MIT, Minnesota, Penn, Stanford, UC-Berkeley, USC, and Yale -- and found that the organizations reported $412.9 million of income from...

Full post as published by TaxProf Blog on January 21, 2008 (boomark / email).

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