Word: tax-exempt
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...says. "I don't necessarily want to save him from it." Harry devotes some time to Negro affairs (the N.A.A.C.P., the Wiltwyck School for Boys, the Rev. Martin Luther King's Montgomery Improvement Association), gives 20% of his income to his partly tax-exempt Belafonte Foundation of Music and Arts, designed to "get young people with talent out from under the hammer...
...Renunciation of its interest in building tax-exempt structures on the MTA property. "It seems to me that Harvard is not entitled to two more Houses facing the river," she stated...
Crane attacked the view that Harvard and M.I.T, with their large areas of tax-exempt property, are an economic burden to taxpayers. He said that on the contrary the Universities have "a stabilizingeffect" on the city's tax rate, and, comparing Cambridge's taxes to those in neighboring cities, attributed the relatively low rate here to the presence of the institutions...
Last week the geisha trade suffered yet another blow. With the government beginning to look into the once-secret and tax-exempt expense accounts that businessmen used for geisha parties, 20 of Japan's leading firms issued an ultimatum to their employees: no more parties, except for gullible foreigners. "Japan," says one oldtime patron of the Sumida houses, "is the land of the vanishing geisha. In the end they will wind up as purely tourist attractions-like the Navajo Indians." The plain fact is that the stylized coquetry of the classic geisha is no longer fashionable. "Frankly," said...
...CRIMSON charges the Agency Corporation with "misuse of the tax-exempt status...