Tax Type
Property Tax
Description
Lessee of Tax-Exempt Entity
Topic
Property Subject to Tax
Date Issued
11-08-1973
A lessee of real property (kitchen facilities) owned by a hospital is subject to property taxes on the leased property. However, if the hospital realizes a substantial profit from this lease arrangement, it is subject to property taxes. In any event, personal property included in the leased facility is exempt from tax.
A lessee of real property (kitchen facilities) owned by a hospital is subject to property taxes on the leased property. However, if the hospital realizes a substantial profit from this lease arrangement, it is subject to property taxes. In any event, personal property included in the leased facility is exempt from tax.
A lessee of facilities owned by a tax-exempt entity is subject to local business license taxes applicable to the business he conducts.
Attorney General's Opinion