Friday, September 28, 2012

CAMBRIDGE, Mass., Sept. 28, 2012: Report Details Use of Payments in Lieu of Taxes by Nonprofits | PRNewswire | Rock Hill Herald Online

CAMBRIDGE, Mass., Sept. 28, 2012: Report Details Use of Payments in Lieu of Taxes by Nonprofits | PRNewswire | Rock Hill Herald Online: The great majority of PILOT revenue comes from universities and hospitals, most PILOT activity occurs in the Northeast, and a small number of multi-million dollar PILOTs account for the majority of all revenue received nationwide, according to Payments in Lieu of Taxes by Nonprofits: Which Nonprofits Make PILOTs and Which Localities Receive Them, authored by Daphne A. Kenyon, Adam H. Langley and Patricia C. Bailin.

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