Congress has repealed a so-called “parking lot tax” that was part of the 2017 tax cut measure and would have required houses of worship and other nonprofits to pay a 21% tax on employee benefits such as parking spaces and transit subsidies.
Congress has repealed a so-called “parking lot tax” that was part of the 2017 tax cut measure and would have required houses of worship and other nonprofits to pay a 21% tax on employee benefits such as parking spaces and transit subsidies.