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Lebam in LA
Lebam in LA's Journal
Lebam in LA's Journal
July 20, 2017
And God said unto Noah, "Avoid thy financial obligations."
Officials in Williamston, Ky., are worried that revenue generated by Ark Encounter, an Old Testament-themed amusement park, may soon dry up following an odd maneuvering by the property's owners.
Ark Encounter LLC sold its primary plot of land to its nonprofit affiliate for just $10 despite the property being valued as high as $48 million, the Lexington Herald-Leader reports, which could be the home of the giant Noah's Ark replica's preliminary move to declaring itself exempt from having to pay taxes.
more at link
[link:http://www.nydailynews.com/news/national/ky-city-fears-noah-ark-theme-park-dodge-taxes-article-1.3338874|
Creationists Sell Christian Theme Park To Themselves To Avoid $700,000 In Taxes
And God said unto Noah, "Avoid thy financial obligations."
Officials in Williamston, Ky., are worried that revenue generated by Ark Encounter, an Old Testament-themed amusement park, may soon dry up following an odd maneuvering by the property's owners.
Ark Encounter LLC sold its primary plot of land to its nonprofit affiliate for just $10 despite the property being valued as high as $48 million, the Lexington Herald-Leader reports, which could be the home of the giant Noah's Ark replica's preliminary move to declaring itself exempt from having to pay taxes.
more at link
[link:http://www.nydailynews.com/news/national/ky-city-fears-noah-ark-theme-park-dodge-taxes-article-1.3338874|
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Member since: Wed Nov 29, 2006, 05:30 PMNumber of posts: 1,344