Wednesday, May 9, 2012

Taxes


Even after the cost of government services used by Disney staff and guests, the company’s net benefit is still upwards of $400 million. Orange County’s net benefit alone is more than $100 million. Disney was involved in a risky lobbying battle with Florida's vacation rental industry. The Florida legislature was considering vacation-rental legislation that was supposed to remove many of the regulations and restrictions which prevented residential properties from being rented out for a period of less than six months. Disney won the battle and was amended so that current restrictions remain in place. Disney often releases it's tax information at peak times to add fear to competing companies (Ling).

Below is a chart of Disney's income tax benefits taken from here. Also click on the link for more information on Disney's taxes.


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