- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Acadian Hills CC in Lafayette Closed
Posted on 11/16/11 at 12:58 pm to Brummy
Posted on 11/16/11 at 12:58 pm to Brummy
quote:
It looks like their tax exempt status was revoked for failing to file with the IRS.
Right after I edit my tax evasion post to point out I was joking.....
How in hell is a country club tax exempt? That is why I hate our tax code.
2
Posted on 11/16/11 at 1:07 pm to Jester
quote:
How in hell is a country club tax exempt?
Most of them are because they are "owned" by the membership and profits can't be distributed to individuals.
They fall under the same exemption code as fraternities/sororities and homeowners associations.
Posted on 11/16/11 at 1:08 pm to Jester
quote:
How in hell is a country club tax exempt?
eh
it's just an association. i doubt it made profits anyway
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News