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Who holds title to equipment and property provided to the Foreign Recipient Organization under projects administered through GAP?

April 26, 2017administered equipment foreign holds organization Projects Property provided recipient title

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Who holds title to equipment and property provided to the Foreign Recipient Organization under projects administered through GAP?

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In order to realize the tax benefits title for equipment and supplies provided under projects administered through GAP must vest in the Foreign Recipient Organization to which they are provided. Materials and equipment are provided as donations to the institutions where the projects are carried out.