Disney Could Cost Schools MILLIONS of Dollars...

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🐠 Become a MEMBER of The Reef at http://ClownfishMinus.com Disney challenges tax appraisals annually since 2015, winning a 2016 court case against Orange County Property Appraiser for unlawfully including intangible assets like brand value, potentially resulting in a $2-80M refund for their Yacht and Beach Club Resorts. The company sues for 2023 tax assessments on 4 theme parks, hotels, and other Central Florida properties, demanding canceled bills, reimbursement, and legal fees, despite the appraiser’s efforts to implement fairer methods. Disney’s 2014-2015 assessed resort property value increased by 118% from $154M to $336M, yet they argue against paying taxes on the brand value that allows them to charge premium prices for similar accommodations. The 2015-2016 tax dispute centered on the appraiser’s inclusion of intangible assets like the Disney brand and managerial skills in tax calculations, which Disney claimed was unconstitutional and invalid. While engaging in costly lawsuits against figures like Nelson Peltz and Gavin Newsom, Disney consistently challenges tax bills, potentially impacting local schools and services that rely on property tax revenue. ➡️ Official Merch Store: http://ClownfishMinus.com ➡️ Audio Podcast: https://link.chtbl.com/ClownfishTV ➡️ Official Website: http://ClownfishTV.com ➡️ Official Clownfish TV subreddit: https://www.reddit.com/r/ClownfishTVOfficial/ Disney’s aggressive tax avoidance strategies and legal battles could result in significant financial losses for Florida schools, potentially costing them millions in property tax refunds. 00:00 Disney consistently challenges tax assessments to avoid paying higher taxes on its brand, which it charges customers a premium for. 01:11 Schools could lose millions due to Disney’s excessive charges and tax avoidance after a recent court ruling. 02:39 Disney’s court win may force Orange County schools to refund millions in property taxes due to improper resort valuations. 04:27 Disney’s potential tax refund could cost schools millions, with estimates ranging from $2 million to $80 million depending on the ruling’s application to their resorts. 05:23 Disney’s lawsuit over local property taxes could cost schools millions. 07:06 Disney’s legal battles and financial mismanagement could cost schools up to $80 million, equivalent to $6,000 bonuses for every teacher or the construction of three new elementary schools. 08:12 Disney’s aggressive tax challenges and inflated property values could cost schools millions, as they leverage their brand to justify exorbitant room rates compared to nearby hotels. 09:49 Disney’s legal issues and tax claims are financially hurting Florida schools, contradicting their image of generosity. Disney’s ongoing legal battles and tax claims are harming Florida schools financially, despite their public image of generosity. Disney’s complaints about being overtaxed are ironic given their ability to charge premium prices for their brand. About Us: Clownfish TV is an independent, opinionated news and commentary channel that covers Entertainment and Tech from a consumer’s point of view. We talk about Gaming, Comics, Anime, TV, Movies, Animation and more. Hosted by Kneon and Geeky Sparkles. Disclaimer: This series is produced by Clownfish Studios and WebReef Media, and is part of ClownfishTV.com. Opinions expressed by our contributors do not necessarily reflect the views of our guests, affiliates, sponsors, or advertisers. ClownfishTV.com is an unofficial news source and has no connection to any company that we may cover. This channel and website and the content made available through this site are for educational, entertainment and informational purposes only. These so-called “fair uses” are permitted even if the use of the work would otherwise be infringing. #Disney #News #Commentary #Reaction #Podcast #Comedy #Entertainment #Hollywood #PopCulture #Tech