Now Disney will pay taxes like all other companies who have tax liability.
They will have to prove they have no tax liability to pay no taxes and DeSantis will be watching.
“ORLANDO, Fla. – Florida Gov. Ron DeSantis doubled down on Disney paying taxes after he signed a bill into law earlier this month that will dissolve the theme parks’ self-government, known as the Reedy Creek Improvement District.
The new law eliminates special districts created before 1968, including Disney’s Reedy Creek, which was created by state lawmakers in 1967 and acts as Walt Disney World’s own government in Orange and Osceola counties.
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DeSantis appeared Thursday on a town hall on Fox News and he said the move to dissolve Disney’s self-government would not lead to higher taxes for residents in those counties.
“The bonds will be paid by Disney. They will be paying taxes, probably more taxes. They will follow the laws that every other person has to do,” he said.
DeSantis also said during the town hall that more legislation is on the way to deal with what will come after lawmakers voted to get rid of Reedy Creek.
The law would dissolve the districts on June 1, 2023, though it would allow the state Legislature to re-establish the districts before then.”
clickorlando.com
