Word: exempted
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...called "Boston Bailout" bill, passed by the State Senate on Monday, would help protect tax-exempt property holders, such as Harvard, from any payment increase and at the same time would allow the financially troubled city to raise capital to meet public obligations, Bok said...
Harvard Medical School, and Harvard's Schools of Public Health, Business Administration and Dentistry are among the University's tax-exempt holdings in Boston...
Boston currently relies almost solely on funds raised from city property, of which some 50 percent is tax exempt, for revenues. Because colleges and universities are taxexempt institutions. Boston, which has a relatively high percentage of educational institutions, is prevented from collecting a considerable...
...retired factory worker and his wife in Delray Beach, Fla. They have partially tax-exempt income of $18,000 from a pension and Social Security. In addition, they earn $2,500 in interest on their savings. The couple has no mortgage and no interest payments on autos or credit cards. They file a short tax form...
...billion offer to buy up part of its outstanding stock for $72 a share, compared with the raider's bid of $54. Ordinarily Pickens would have responded by simply cashing in his 12% share of the company and walking away with a fat profit. Unocal made him exempt from the offer, however, which was a daring strategy since companies generally presume that the law requires them to treat all stockholders equally. Yet in a surprising reversal of a lower-court decision, Delaware's Supreme Court upheld Unocal's plan to cut the hostile raider out of the deal...