Quote:
Originally Posted by Mr.Kris
For those that are interested, the IRS has granted retroactively, The Villages relief regarding TAM 1 and the question of political subdivision. Other issues appear to be unresolved and the examination is continuing. Read here for a full explanation. Village Community Development Districts |
There are a number of other threads on this subject-- most with posts containing incorrect information. Frankly, most Villagers do not understand this subject and probably could care less about it. For those interested in understanding it, a first step is to ignore the articles in the Daily Sun and the VHA Bulletin. The best explanation of what is involved and why IRS investigation is important to Villagers is found at:
http://poa4us.org/bulletins_files/bulletin200908.pdf and
A BRIEF CHRONOLOGY OF IRS VS. VCCDD AND SLCDD