Why Ken Ham’s Ark Is In Kentucky Rather Than New South Wales
Recently some fellow Hovindologists encouraged me to look into a tax controversy concerning the Ark Encounter - Ken Ham's full size model of Noah's ark,...
Ark Encounter Local Tax Scandal Not Very Scandalous
On the other hand, I would not rate their attempt to be a little hardball with the city as scandalous. The structure they are using is actually pretty straight forward. One of the members of my brain trust indicated that he was poking at it wondering whether there might be inurement, as the Huff Post headline implies, but there really is not. Everything stayed in the same not for profit (for federal purposes) chain. That the LLC at the bottom is considered for profit for local tax purposes is really not that unusual.
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.