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What if a company builds a new apartment block for students, would the taxes apply to them too?
by fy20 5y ago
What if a company builds a new apartment block for students, would the taxes apply to them too?
- erentz 5y agoTaxes would apply to the shareholders of the company as described. If each shareholders share along with their other properties is below the quota there’ll be no excess on which the 5% is due. Otherwise better for the university to build non profit student housing instead to be exempt.