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Old 07-06-2010, 01:56 PM
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Default Who will Pay the IRS?

EdVinMass,
If no TV residents will be paying the IRS and if the IRS rules against the CCDs who will pay the taxes owed? It seems the CCDs primary source of income is the amenity fees and if it can not raise the amenity fees (contractually) how will the IRS get paid? Will the CCDs sell assets (golf courses, rec centers etc..) to pay the amount due?