Exemption from State and local taxes

38 U.S.C. § 8167
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
(a) Improvements and Operations Not Exempted.—The improvements and operations on land leased by a person with an enhanced-use lease from the Secretary shall be subject to all applicable provisions of Federal, State, or local law relating to taxation, fees, and assessments. (b) Underlying Fee Title Interest Exempted.—The underlying fee title interest of the United States in any land subject to an enhanced-use lease shall not be subject, directly or indirectly, to any provision of State or local law relating to taxation, fees, or assessments.

Starting a business? Corpus forms LLCs in all 50 states and DC.