Findings Citing § 200.470

Section 200.470 outlines the rules regarding allowable taxes for States, local governments, Indian Tribes, nonprofit organizations, and institutions of higher education (IHEs). It states that certain taxes are allowable if legally required, while others, like self-assessed taxes affecting Federal programs, are not; nonprofits and IHEs can generally claim taxes paid under GAAP, but must credit any refunds back to the Federal Government.