5/9/2010 4:08:23 PM
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Section 5: OPA Board Subject: OC Bayside Debacle Msg# 738479
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The "congress" quote in the context of this discussion is immaterial. | ||||||
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For reference, the above message is a reply to a message where: ..........unless you are referring to a possible IRS tax liability. Of course the IRS tax liability. OPA is renting out property in OC to others for the sole purpose of generating income for OPA. The Congress shall have power to lay and collect taxes on incomes, from whatever source derived,.......... |
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