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Tax

Apr. 16, 2014

Nonprofits using solar: beware the taxman

Nonprofits considering the installation of solar power systems must take their property's tax exemption into account. By Ofer Lion


By Ofer Lion


Nonprofits considering the installation of solar power systems must take their property's tax exemption into account. A critical deal point will be whether the owner/operator of the system will be permitted to utilize or sell any excess power the system generates, and whether any related discount outweighs a resulting partial loss of the property's tax exemption.


Perhaps more importantly, a partial disqualification, resulting from ...

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