Word: tax-exempt
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...council wants to investigate whether Harvard's affiliate housing property is tax-exempt. Triantifillou pointed to a recent article in the Harvard Gazette which reported a Harvard Planning and Real Estate's proposal to increase the rent on affiliate housing by 4 percent...
Hardly anyone noticed when former House Speaker Newt Gingrich received a vindication of sorts this week. The Internal Revenue Service concluded that the tax-exempt Progress and Freedom Foundation had not broken any tax laws when it helped sponsor a Gingrich college course. The course, as you've probably forgotten, was at the center of the ethics controversy that resulted in a $300,000 fine against Gingrich...
...course, any punishment the Mitchell commission or the IOC hands down would be very small potatoes compared to federal penalties. The Justice Department is now looking into possible extortion and tax and wire fraud by Salt Lake City Olympic Committee officials. Making a federal case out of the scandal will mean showing that organizers broke the law by using tax-exempt money to buy the gifts or to finance scholarships for relatives of IOC members...
...Cambridge City Council considered bringing a lawsuit against Harvard and MIT challenging their tax-exempt status as educational institutions at their regular Monday night meeting...
...Senator. In this overwhelmingly pro-Clinton state, argues a Democratic strategist, the question of which man voters want to have sitting in judgment of Clinton could actually mean "a couple of points" for Schumer. D'Amato may be feeling the heat: some of his backers will launch a tax-exempt advertising campaign this week to "educate" New York voters about Schumer's repeated absences from Judiciary Committee votes...