Word: tax-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...
...club claimed that the University would obtain its property, and the city would lose tax revenue because of Harvard's tax-exempt status...
...North is also accused of acts difficult to explain away as matters of high policy: defrauding the Internal Revenue Service by helping a tax-exempt foundation raise money for the contras; accepting an illegal gift to a Government employee, a $13,800 security installation for his home; and putting some funds raised for the contras to his own personal...
Vellucci said that because Harvard's academic and dormitory buildings are tax-exempt, the University should donate something to the community. He said since Harvard saves money in taxes, "at least they can supply books...