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Ballard Spahr LLP: Back to the Future for Real Estate Tax Exemptions and PILOTs/SILOTs? Charities Must Meet HUP Test and Act 55, Pennsylvania High Court Rules

By Philip B. Korb and Wendi L. Kotzen For charitable organizations in Pennsylvania, obtaining and preserving real estate tax exemptions just got a little more difficult. The Pennsylvania Supreme Court has ruled that the statute intended to clarify the requirements for real estate tax exemption cannot...

McNees Wallace & Nurick LLC: Pennsylvania Supreme Court Affirms Constitutional Test Must be Met by Those Seeking Charitable Exemptions

By Randy L. Varner In a 4-3 decision, the Pennsylvania Supreme Court, in Mesivtah Eitz Chaim of Bobov, Inc. v. Pike County Board of Assessment Appeals, No. 16 MAP 2011 (April 25, 2012) (" Mesivtah") [ enhanced version available to lexis.com subscribers ], held that a property owner seeking...

McNees Wallace & Nurick LLC: Contribution to Construction Costs Supports Charitable Exemption

In June, the Commonwealth Court addressed another issue of interest to nonprofit entities seeking charitable exemptions from Pennsylvania Sales & Use Taxes and local real estate taxes - whether a substantial contribution to construction costs may help satisfy the requirement that a charitable institution...

Troutman Sanders LLP: Last Chance - Estate Tax Saving Opportunity May Expire At Year End

By Carol F. Burger , David F. Golden , Molly F. James and Tania S. Sebastian For approximately the next two months, we have estate, gift and generation skipping transfer (GST) tax exemptions of $5.12 million, a maximum gift and tax rate of 35%, and "portability" of any unused estate tax...