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Re: Maine broadcasters get tax break
In a message dated 4/25/02 2:45:57 PM Eastern Daylight Time,
wollman@lcs.mit.edu writes:
<< In most places, non-profit corporations are exempt from sales taxes in
the first place, so it would make no difference whether they could
claim a credit for it on the income taxes that they are also exempt
from. >>
There is also a significant difference between the value of a tax deduction,
which only reduces your tax if you owe tax, and an outright tax exemption
which is the case with this bill.
-- Dan Billings, Bowdoinham, Maine