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> They need to be taxed > they can go around buying up assets until they own everything The real estate transactions described in the article are purely incom
by bennettnate5 1mo ago
> They need to be taxed
> they can go around buying up assets until they own everything
The real estate transactions described in the article are purely income-generating rather than related to the mission of the church (e.g. for church buildings, temples); as such, any income from them is subject to income tax already under UBIT laws [1]. Same goes for local/state property taxes.
[1] https://www.irs.gov/charities-non-profits/unrelated-business-income-tax https://www.irs.gov/charities-non-profits/unrelated-business...