Gifts aren't assets are they? And that's what getting taxed mostly.
Did the Watchtower almost just go bust?
by TimothyT 26 Replies latest watchtower beliefs
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jean-luc picard
According to the French newspaper Le Figaro, the tax office wants to tax, at a rate of 60%, the recepts of the WT$ between 1993 and 1996.
60% was the higher rate income tax rate at that time, and 60% cannot possibly = more than the total assets, because it is only 60% of income.
60% today is a high rate, but was the rate that others paid at that time.
The tax office considers the WT$ as a business, and wants to tax them accordingly.
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designs
They are probably talking about the assests of the French WT Corp., they would never tip their hat to the total Holdings even in Court.
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stillstuckcruz
UGH! I hate articles like this. because then the JW's CHEER that this is the reason they are the true religion. That these articles show how they are persecuted JUST like the bible predicts. If these people know anything about JW's they should know that this would NEVER stop most of them. Conversely, they need to STOP "persecuting" them. Then they really could have no scriptual backing for that crap. ;P
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NomadSoul
stillstuckcruz,
That wouldn't make a difference, they would just cheer for Jehovah giving its organization peace!
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Found Sheep
I wish religion was taxed in the USA!!!!
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stillstuckcruz
NomadSoul
We can never win. lol