Northwest Indiana News: nwitimes.com - Opinion: "Our opinion: Taxing the money-making aspects of nonprofit organizations is proper.
For the first time, the Center for Visual and Performing Arts will be paying property taxes. Thanks to the diligence of two county employees, the popular center in Munster is now required to pay taxes on the catering portion of its facility, Lake County's Property Tax Assessment Board of Appeals ruled last week.
That could mean as much as $30,000 a year for the county coffers. The county is taxing 16 percent of the center's assessed value, dating back to 2000. The arts center offers a popular Sunday brunch and is sought-after as a venue for weddings, showers and other gatherings.
This is welcome news. It makes sense and creates a sense of fairness to others who pay property taxes. And examining other nonprofits with money-making business attachments must continue."
No comments:
Post a Comment