Quote:
Originally Posted by Mikeod
Looks like nothing's changed. IRS saying the VCCDD is not a government entity so the bonds should not be tax-free and the district keeps saying they are deemed a government entity per the FL law that established CDDs statewide.
I wonder how long this "Yes we are!" "No you're not!" can go on before it gets to tax court for, hopefully, a final disposition.
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As long as residents provide enough amenity fee dollars to pay the developer's attorney and protect his bottom line. Already, close to one million dollars has been paid to Attorney Israel.