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re: LA. Supreme Court Rules in Favor of St. George Incorporators
Posted on 4/26/24 at 8:05 pm to dallastigers
Posted on 4/26/24 at 8:05 pm to dallastigers
quote:
Was setting aside sales tax money collected in StG still required after Broome’s partners in crime ruled against StG before appeal to state Supreme Court?
From reading the opinion, I'm a bit confused at this to an extent. It almost seemed as if there needed to be a separate vote to allocate the 2% sales tax to St. George. If that is the case, Baton Rouge potentially wouldn't owe anything, but I'm sure that will be clarified through the courts, because that is the $250,000,000 question.
Hopefully the sales tax that would have gone to St. George is in escrow pending the opinion, but as was one of the determining factors in this case, Baton Rouge can't balance their books without their tax colony.
This post was edited on 4/26/24 at 8:07 pm
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