Montgomery County changes tax law to refund art museum

February 9, 2015 3:45 PM

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The Montgomery County Council has revised its tax law to reduce the burden on new cultural institutions after a private art museum owned by a Potomac billionaire was charged $445,000 in taxes for building a new exhibit space.

The Washington Post ( ) reports that the foundation that operates Mitchell Rales' art museum is being given a $373,000 tax refund after the change. The council's unanimous passage of a bill reduced the tax to about $72,000.

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