Taxation, 2011 Bar — Question 41

MULTIPLE CHOICE

Real property owned by the national government is exempt from real property taxation unless the national government (A) transfers it for the use of a local government unit. (B) leases the real property to a business establishment. (C) gratuitously allows its use for educational purposes by a school established for profit. (D) sells the property to a government-owned non-profit corporation.

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