Court: Simplot Foundation must pay taxes on JUMP facility
Sat., Dec. 23, 2017
BOISE – The Idaho Supreme Court has ruled that the J.R. Simplot Foundation was not eligible for a tax exemption while constructing is “urban meeting place” in downtown Boise in 2015.
In its Thursday decision, the state’s highest court decided the structure did not qualify for a charitable tax exemption because it was under construction and not being used exclusively for charitable purposes.
The five-story complex called JUMP – or Jack’s Urban Meeting Place – was roughly 70 percent complete in early 2015 and held its grand opening by the end of that year.
Thursday’s decision affirms a prior district court ruling, which agreed with Ada County that the foundation did not qualify for a tax exemption.
A spokesman for the foundation did not immediately return a request for comment on Friday.
Local journalism is essential.
Give directly to The Spokesman-Review's Northwest Passages community forums series -- which helps to offset the costs of several reporter and editor positions at the newspaper -- by using the easy options below. Gifts processed in this system are not tax deductible, but are predominately used to help meet the local financial requirements needed to receive national matching-grant funds.
Subscribe now to get breaking news alerts in your email inbox
Get breaking news delivered to your inbox as it happens.