38 U.S.C. § 8167 - U.S. Code - Unannotated Title 38. Veterans' Benefits § 8167. Exemption from State and local taxes

(a) Improvements and operations not exempted.--The improvements and operations on land leased by a person with an enhanced-use lease from the Secretary shall be subject to all applicable provisions of Federal, State, or local law relating to taxation, fees, and assessments.

(b) Underlying fee title interest exempted.--The underlying fee title interest of the United States in any land subject to an enhanced-use lease shall not be subject, directly or indirectly, to any provision of State or local law relating to taxation, fees, or assessments.