| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21088 |
| 来源ID | Working Paper 21088 |
| Are PILOTs Property Taxes for Nonprofits? | |
| Fan Fei; James R. Hines Jr.; Jill R. Horwitz | |
| 发表日期 | 2015-04-13 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | Nonprofit charitable organizations are exempt from most taxes, including local property taxes, but U.S. cities and towns increasingly request that nonprofits make payments in lieu of taxes (known as PILOTs). Strictly speaking, PILOTs are voluntary, though nonprofits may feel pressure to make them, particularly in high-tax communities. Evidence from Massachusetts indicates that PILOT rates, measured as ratios of PILOTs to the value of local tax-exempt property, are higher in towns with higher property tax rates: a one percent higher property tax rate is associated with a 0.2 percent higher PILOT rate. PILOTs appear to discourage nonprofit activity: a one percent higher PILOT rate is associated with 0.8 percent reduced real property ownership by local nonprofits, 0.2 percent reduced total assets, and 0.2 percent lower revenues of local nonprofits. These patterns are consistent with voluntary PILOTs acting in a manner similar to low-rate, compulsory real estate taxes. |
| 主题 | Public Economics ; Taxation ; Industrial Organization ; Nonprofits |
| URL | https://www.nber.org/papers/w21088 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578763 |
| 推荐引用方式 GB/T 7714 | Fan Fei,James R. Hines Jr.,Jill R. Horwitz. Are PILOTs Property Taxes for Nonprofits?. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
