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Commissioner briefs board on nonprofit tax exemptions; supervisors decline immediate action
Summary
The Commissioner of the Revenue explained that federal 501(c) status does not automatically grant property tax exemption in Virginia; the Board told staff not to pursue blanket exemptions now and asked for comparative research from other localities.
Richard Bradshaw, Commissioner of the Revenue for James City County, briefed the Board on property-tax treatment of nonprofit organizations and the limits of local authority to exempt organizations. After discussion — including questions about donated vehicles and personal property taxation — supervisors declined to enact any local exemptions at the meeting and directed staff to research practices in other localities and return with options.
Bradshaw told the Board that federal 501(c) income-tax status does not confer property-tax exemption at the state or local level. “501(c)…
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