Would the same arguments apply to other tax-exempt entities

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Question: Assume you work for a local municipality. Under what conditions is it tax advantageous for municipalities to undertake profit-making ventures? Why don't we see more municipality-operated activities? Can you think of some taxable business ventures currently operated by municipalities? Would the same arguments apply to other tax-exempt entities such as universities, hospitals, and charities?

Reference no: EM131457264

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