Tax incentive suspended for Kentucky Noah's ark attraction
Source: Associated Press
Updated 4:27 pm, Friday, July 21, 2017
WILLIAMSTOWN, Ky. (AP) Kentucky's tourism agency has suspended a tax break worth up to $18 million for a Noah's ark biblical attraction after the park transferred its main property to a nonprofit affiliate.
Media outlets report the Kentucky Tourism Arts and Heritage Cabinet said the park's action breached the incentive agreement, which would refund a portion of sales tax collected at the site.
Ark Encounter transferred land to Crosswater Canyon in June. The tourism agency says Ark Encounter failed to inform the state of any change in ownership or get prior written consent.
Read more: http://www.chron.com/news/us/article/Tax-incentive-suspended-for-Kentucky-ark-11306151.php
VermontKevin
(1,473 posts)JHB
(37,158 posts)VermontKevin
(1,473 posts)tanyev
(42,552 posts)TexasBushwhacker
(20,178 posts)wcmagumba
(2,886 posts)of good xian grifters...you know they will sue...because jesus....
NastyRiffraff
(12,448 posts)Christian. Persecution. Victims, WHAAAAAAAAAAHHHH!
not fooled
(5,801 posts)to begin selling off land/assets in 3, 2, 1...
modrepub
(3,495 posts)Read yesterday that the Ark place was upset the town put a $0.50 tax on a $40 ticket to help them pay for emergency services. The sale was to avoid paying the tax. I don't know what was worse, that they didn't want to pay the tax or that an Adult would pay $40 just to see this.
hamsterjill
(15,220 posts)Is still breaking the law.
Snarkoleptic
(5,997 posts)These two factors are certain to bankrupt this boondoggle!
Nitram
(22,794 posts)louis-t
(23,292 posts)Doug the Dem
(1,297 posts)Are they gonna close the Santa Exhibit, too?