Word: exempt
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...City Council reviews its 20-year-old in-lieu-of-tax agreement with Harvard, which expires this summer. City administrators begin negotiations on how much Harvard should pay Cambridge for the tax-exempt Peabody Terrace apartment complex and other affiliated housing...
...nepotism starts with Deng Xiaoping, whose eldest son, Deng Pufang, 44, heads the giant China Welfare Fund for the Handicapped. Government investigators say Pufang, who was crippled when Red Guards threw him from a window during the Cultural Revolution, allegedly helped a Chinese conglomerate gain tax-exempt status and reap vast profits for fraudulent work. Pufang denies the charges. The names of other relatives of leaders read like entries in a Chinese Who's Who. Among them: Chi Haotian, 59, Chief of Staff of the People's Liberation Army and son-in-law of President Yang Shangkun; Li Tieying...
...Treasuries offer a timely combination of high yields and safety. Moreover, interest on the securities is exempt from state and local taxes. While rates have dipped below the peaks they reached in March, new three-month T-bill issues offered an attractive return of more than 8.5% last week. Investors daunted by the $10,000 minimum-purchase requirement for T-bills can buy longer-term Treasury notes and bonds in face amounts of $1,000 and $5,000. Such securities mature in two to 30 years and can pay more than 9% interest, which often exceeds the rates paid...
...City Council last night approved a request to exempt one of the nine-all male final clubs from a proposal to downzone parts of Harvard Square...
...club claimed that the University would obtain its property, and the city would lose tax revenue because of Harvard's tax-exempt status...