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Sunday, December 07, 2008
Religious Group's Private Jet Not Tax Exempt
Originally found here.
"A Kenneth Copeland Ministry jet worth $3.6 million has been denied tax-exempt status by the Tarrant Appraisal District, setting the stage for a battle that could require the minister to reveal his salary if he wants the jet to be tax-free.
Jeffery D. Law, Tarrant chief appraiser, said the jet was denied tax exemption because the ministry failed to disclose salaries of directors as an application requires…
Compensation paid Copeland and other members of his family has been the source of a U.S. senator’s inquiry, but the televangelist has been unwilling to disclose the information publicly.
If the ministry gives the compensation information to the appraisal district, it would be open to public disclosure."
I'm so happy our preachers can ride around in their own corporate jets. These guys are too "good" to ride coach?