Payment in lieu of taxes

A payment in lieu of taxes, abbreviated as PILT or PILOT,[1][2][3] 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.

  1. ^ "Payments in Lieu of Taxes". U.S. Department of the Interior. 9 June 2015. Retrieved 2018-10-25. Payments in Lieu of Taxes (PILT).
  2. ^ Canada, Public Services and Procurement (2024-03-19). "Payments in lieu of taxes for federal properties". www.canada.ca. Retrieved 2024-08-11.
  3. ^ "General Payment in Lieu of Taxes (PILOT) | Department of Taxes". tax.vermont.gov. Retrieved 2024-08-11.