Boston Mayor Wants Huge Increase In (Non-)Taxes On Museums, Non-Profits

Boston Mayor Wants Huge Increase In (Non-)Taxes On Museums, Non-Profits
Mayor Thomas Menino has introduced changes in Boston's PILOT (Payment In Lieu Of Taxes) scheme, with a plan requiring any non-profit with more than $15 million in property to pay 25% of what they would owe in commercial taxes as for-profit businesses. Many museums would see payments quadruple over the next five years. The Art Newspaper 01/01/12

Source: http://www.artsjournal.com/artsjournal1/2012/01/boston_mayor_wa.shtml

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