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Payments in Lieu of Taxes Logo aicpa

  NFP Section |   Free for NFP Section members |   AICPA |   2015 |

For not-for-profit entities, payments in lieu of taxes (PILOT) are amounts paid to a state or local government in place of taxes, most commonly property taxes. Read this article to learn more.

Topics covered:
  • Not-for-profit: Technical: Tax & regulatory, Intermediate