Nonprofit PILOTs (Payments in Lieu of Taxes)

This policy brief covers key issues surrounding the use of nonprofit payments in lieu of taxes (PILOTs): payments made voluntarily by tax-exempt nonprofits as a substitute for property taxes. It describes the current use of PILOTs in the United States, explores some reasons why nonprofits offer PILO...

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Bibliographic Details
Published in:Policy File 2016
Main Authors: Kenyon, Daphne, Langley, Adam H
Format: Report
Language:English
Subjects:
Lincoln Institute of Land Policy
Taxation
Online Access:Request full text
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Summary:This policy brief covers key issues surrounding the use of nonprofit payments in lieu of taxes (PILOTs): payments made voluntarily by tax-exempt nonprofits as a substitute for property taxes. It describes the current use of PILOTs in the United States, explores some reasons why nonprofits offer PILOTs and why there is growing interest in these payments, weighs the pros and cons of PILOTs, and offers recommendations.