Click here to advertise on CatholicCulture.org

Assessor: San Francisco archdiocese owes up to $15M

Catholic World News - January 14, 2009

San Francisco Assessor-Recorder Phil Ting has announced that the Archdiocese of San Francisco owes the city up to $15 million in taxes for transfers of 232 properties among three nonprofit corporations. “San Francisco Recorder Phil Ting has taken a step that is unprecedented in the history of the State of California. He has determined that an internal reorganization of Church property, within the family of corporations of the Archdiocese of San Francisco, constitutes a 'sale' and is subject to a property transfer tax,“ said an archdiocesan spokesman. “The law is overwhelmingly in favor of the archdiocese in holding that Church property transfers of this nature are exempt from transfer taxes.”

Additional sources for this story
Some links will take you to other sites, in a new window.

An appeal from our founder, Dr. Jeffrey Mirus:

Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!

Progress toward our September expenses ($14,852 to go):
$35,000.00 $20,147.73
42% 58%
Sound Off! CatholicCulture.org supporters weigh in.

All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!

There are no comments yet for this item.

Subscribe for free
Shop Amazon
Click here to advertise on CatholicCulture.org

Recent Catholic Commentary

Our Spiritual Destiny and the Horror of War 10 hours ago
The Islamic roots of terrorism must be addressed 17 hours ago
Each of us is destined to marry Jesus Christ September 18
From simple husband to ascetical priest September 18
St. Augustine's warning to pastors September 18

Top Catholic News

Most Important Stories of the Last 30 Days
Cardinals criticize Kasper proposal, escalating debate on remarriage/Communion CWN - September 18