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Tax exemption and nonprofit status, while similar, require two separate processes to earn those benefits. The state grants nonprofit status, while the IRS — a federal organization — grants tax ...
Jun. 8—Property tax bills are hitting mailboxes across Anchorage. Most property owners can expect bigger bills this year, surpassing past payments that were likely already significant. Anchorage ...
Allowing a tax-exempt homeowner to vote on property tax increases to homeowners over the threshold, by bond or millage requests For the purposes of statutes, a homestead is the one primary residence of a person, and no other exemption can be claimed on any other property anywhere, even outside the boundaries of the jurisdiction in which the ...
According to the New Jersey Division of Taxation, the ANCHOR program offers property tax relief to New Jersey residents who own or rent property in New Jersey, use it as their main home and meet ...
Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items.
The Anchorage Assembly is the governing body of Anchorage, Alaska.The Assembly has twelve members elected to three-year terms from six districts. It is responsible for creating and approving the city's annual budget, appropriating municipal funding, and managing elections.
Nov. 19—The group behind a proposal to institute a 3% sales tax in Anchorage has homed in on 11 public amenities facilities the city could choose to build with a portion of the revenue.
This sparked controversy nationwide, but particularly in Alaska, because of its abundance of resources. Under the Trump administration the Tax Cuts and Jobs Act of 2017 passed, with provisions embedded that would strip protections and allow for potential prospecting and extraction of natural resources on public lands, including those in Alaska ...
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