Mataf nearly empty as entry to Makkah restricted to Hajj visa holders    Cinema revenues account for SR845.6 million in 2024 17 Saudi films among 504 films screened    Will US tariff hikes affect Saudi Arabia? Kingdom largely insulated as oil exports remain exempt and non-oil sectors gain a pricing edge    Expat arrested for immoral act at a massage center in Jazan    Saudi Transplant Congress discusses scientific advancements and innovations on organ donation and transplantation    Mawani and Alissa Universal Motors sign agreement worth SR300 million to establish Logistics Zone at King Abdulaziz Port in Dammam    Al-Khereiji at BRICS: Saudi Arabia a reliable and neutral partner in endeavors for de-escalating tensions    Saudi market shows resilience in Q1 2025 despite global volatility: Report    Saudi Arabia urges India and Pakistan to de-escalate tensions    Trump congratulates Canada's Carney as they agree to meet in 'near future'    Sánchez vows to uncover reasons behind massive Iberian power outage    Guterres warns two-state solution is 'near a point of no return'    Al Ahli stun Al Hilal to reach AFC Champions League Elite final    4 Chinese nationals arrested in Makkah for promoting fake Hajj campaigns    SR200,000 reward for each player of the Saudi club winning AFC Champions League title    William and Kate celebrate anniversary on Isle of Mull    HONOR KSA expands its presence with new flagship Experience Store in Riyadh HONOR's first flagship store in KSA provides visitors with a premium experience, exciting offers and free services    Rock & Roll Hall of Fame picks Outkast but not Oasis    Duran leads Al Nassr past Yokohama Marinos into AFC Champions League Elite semi-finals    Al Ahli cruise past Buriram into AFC Champions League Elite semi-finals    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Florida poised to strip Disney of special tax status
Published in The Saudi Gazette on 21 - 04 - 2022

Florida is poised to strip Walt Disney of its special self-governing status amid a political clash between the company and the governor.
The status gives Disney powers to levy tax, build roads and control utilities on the lands of its theme park.
The move is widely seen as retribution for Disney's opposition to the so-called "Don't Say Gay" law.
Signed by Governor Ron DeSantis, it bars primary school teachers from discussing sexual orientation.
On Wednesday, at the Republican's urging, the state Senate passed a bill that would rid the company of its near-total power over the special district where its theme park is based.
Known as the Reedy Creek Improvement District, it was created in a 1967 deal between the state and the Walt Disney Company.
The Republican-led House is likely to approve the measure to dismantle it on Thursday, and Governor DeSantis has made it clear he will sign it into law. If passed, Disney's special district will be dissolved on 1 June, 2023.
Disney did not respond for comment.
Its special status has effectively allowed the company to operate as its own municipal government, with its own board of supervisors and fire department, and meant Disney could even build its own airport, or nuclear power plant if desired.
It has given the entertainment giant freedom from almost all bureaucratic intervention for half a century and is thought to have saved it from tens of millions of dollars in taxes and fees.
And it is part of why Disney chose to build its theme parks in Florida, where it has become the state's largest private employer, with some 80,000 jobs.
But Disney's special relationship with the state of Florida has come under threat over its response to the Parental Rights in Education bill, which DeSantis signed last month.
Dubbed the "Don't Say Gay" law by critics, it prohibits any instruction about sexual orientation or gender identity between kindergarten and third grade - when students are roughly between five and nine years old. Opponents say the law will isolate and stigmatize LGBT youth, while supporters say it protects children from age-inappropriate content.
Disney originally remained mum on the bill, but reversed course after it came under pressure from employees to oppose the bill.
After it became law, Disney promised to push for its repeal and fight similar bills across the US.
In response, DeSantis said the company, which has made Florida its home, had "crossed the line". — BBC


Clic here to read the story from its source.