bn:14353369n
Noun Concept
Categories: Real property law, Property taxes
EN
payment in lieu of taxes  payments in lieu of taxes  PILOT  PILT
EN
A payment in lieu of taxes is a payment made to compensate a government for some or all of the property tax revenue lost due to tax exempt ownership or use of real property. Wikipedia
Definitions
Sources
EN
A payment in lieu of taxes is a payment made to compensate a government for some or all of the property tax revenue lost due to tax exempt ownership or use of real property. Wikipedia