Word: exempted
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They had rejected a bill for $385,000 submitted by the City in October because it was based on the square footage of Harvard's tax exempt property...
Dunlop has been commuting regularly to Washingten since 1971, when he became chairman of the Construction Industry Stabilization Board. The construction industry has been and will continue to be exempt from the general wage-price guidelines. Its contracts are evaluated by the Construction industry Stabilization Board a 12 man group with industry, labor and public representatives...
These men are being placed in an extended priority group and will be the first to be called if there is a draft call in March. If there is no March draft call, all 68,000 men in the extended priority group will be exempt from the draft and further calls will be filled with younger...
Because the HEFA issued the bonds for Harvard, income from them is tax exempt. "It's the one break that private institutions get from the state." Champion said...
...Harvard faces twin problems--money and community dissatisfaction in the last analysis they resolve into the single problem of money Cambridge faced with burgeoning expenses because of paternalistic spending, wants more tax money. Any property which Harvard buys is eliminated from the tax rolls because the University is tax-exempt, and the city loses money. Whether Harvard should be so conscious of its supposed social responsibility is beside the point. In the current situation acquisition of property has a higher real cost than before because Cambridge demands higher payments in lieu of taxes. Harvard can afford to acquire fewer...