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Taxation

Cedarville University

2005

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Full-Text Articles in Business

Minister Housing Allowance Presents New Challenges And Opportunities, Paul G. Schloemer, Ryan Wilson Dec 2005

Minister Housing Allowance Presents New Challenges And Opportunities, Paul G. Schloemer, Ryan Wilson

Business Administration Faculty Publications

For over 50 years, ministers have enjoyed the benefits of tax-free housing. IRC section 107 permits qualified ministers to exclude housing-related compensation from gross income to the extent it relates to service performed in their ministry.