The taxes would be in 2 forms filed, State and Federal. Each state would have their own laws, for taxing profits, or various exemptions aimed at property taxes so forth. Federal would be somewhat the same as it would depend on what taxes were exempt by the Fed. as it was already paid to each state.
income type taxes (you call profits) wouldn't exist because the management set up would rechannel the funds into capital expansion, operating costs etc. There isn't a landowner in the sense of the word except the church.
Im sure they have some of the best Corporate Finance people in the business. Thats what that large building up from the SLC temple does, its the "business" head quarters.
