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lovephileo's review
Investment Sector: Recreation Submitted by Lovephileo 
, WEB CONSULTANT / PASTOR
at LIGHT OF THE WORLD CHRISTIAN CENTER
9 months ago Tags: Tax Exemption Tax Add Tag |
A New York Federal Judge Jed S. Rakoff ordered Wednesday, March 19,2008 the government of Philippines, Mongolia and India to pay $57.6 million to the New York city. Philippines owes $10.9 million for the operation of the Philippine National Bank and Philippine Airlines offices in its premises. $42.3 million from India and $4.4 million from Mongolia.
The International Treaty have defined the consulates and embassies as sovereign territory which makes them generally tax exempt. But Mr.Rakoff said, “It was clearly stated that only the home of the head of a mission is exempted from taxes.
For the city, the order is well-pleased and well-praised. Job well done. The rule of law was upheld. And all the New York has to do is to collect. Maybe the Philippines can send nurses and call center agents for re-compensation.
But let’s take a look on the very critical issue of this verdict. New York wins, but not the entire United States of America.
Is this not terribly clear? Can they not imagine how the US controls various properties around the world? What if they will be turned otherwise? Countries of many nations will sue the US and force them to pay million of dollars on tax not exempted also.
I believe, they must face this truth and consequence by winning one city and losing the entire USA again. And if that happens, New York will feel sorry to the USA.
I wonder why the US have not done something better or something fair in the middle of the issue.
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