In Re: Chapter 121a, Application of Post Office Square Redevelopment Corporation: Memorandum And Submission of Substantive Evidence By First Franklin Parking Corporation
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374 Mass. 37,53 (1977) and in the instant case would so benefit the Applicants.
Applicants are not satisfied with these concessions and have created their own tax structure which they claim complies with Section 10. They have established a scheme whereby gross income becomes net income by interposition of a limited partnership lessee.
The details of the Applicants' scheme are set forth in their proposed lease. In Appendix 17 of the proposal as amended by their most recent Application, the Appli...cants summarize the basic provisions of the ground lease between the redevelopment corporation and the limited partnership with the [VI- 13] caveat that "the precise terms of the lease may vary from the foregoing." The rent to be paid by the limited partnership to the redevelopment corporation will be the "gross income" of the corporation upon which Applicants expect their excise to be based. That rent formula based on the proposed amendment can be summarized as follows: Rent on Proposed Ground Lease from 121A Corporation to Limited Partnership Rent shall be the Sum of: A.
What to read after In Re: Chapter 121a, Application of Post Office Square Redevelopment Corporation: Memorandum And Submission of Substantive Evidence By First Franklin Parking Corporation?
You can find similar books in the "Read Also" column, or choose other free books by Boston Redevelopment Authority to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
374 Mass. 37,53 (1977) and in the instant case would so benefit the Applicants.
Applicants are not satisfied with these concessions and have created their own tax structure which they claim complies with Section 10. They have established a scheme whereby gross income becomes net income by interposition of a limited partnership lessee.
The details of the Applicants' scheme are set forth in their proposed lease. In Appendix 17 of the proposal as amended by their most recent Application, the Appli...cants summarize the basic provisions of the ground lease between the redevelopment corporation and the limited partnership with the [VI- 13] caveat that "the precise terms of the lease may vary from the foregoing." The rent to be paid by the limited partnership to the redevelopment corporation will be the "gross income" of the corporation upon which Applicants expect their excise to be based. That rent formula based on the proposed amendment can be summarized as follows: Rent on Proposed Ground Lease from 121A Corporation to Limited Partnership Rent shall be the Sum of: A.
What to read after In Re: Chapter 121a, Application of Post Office Square Redevelopment Corporation: Memorandum And Submission of Substantive Evidence By First Franklin Parking Corporation?
You can find similar books in the "Read Also" column, or choose other free books by Boston Redevelopment Authority to read onlineMoreLess
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