Central Hollywood Coalition Cleared by Franchise Tax Board of All Fiscal Wrongdoing, Tax Exempt Status Reinstated After Months of Struggle, and it Wasn’t an Audit After All!!

Proof that the SVBID is all good once again with the Franchise Tax Board.
Proof that the SVBID is all good once again with the Franchise Tax Board.
Yesterday the gracious-seemingly-in-spite-of-herself Kerry Morrison sent me a bunch of documents pertaining to the months-long struggle between the HPOA and the Franchise Tax Board over the tax-exempt status of the Central Hollywood Coalition, the shell corporation which exists, seemingly, mostly to hire the HPOA to manage the Sunset & Vine BID. And there are two salient points. First, everything is finally all settled and the CHC is good to go on wreaking havoc in its little corner of Hollywood without having to pay any of those pesky taxes. Second, as Kerry informed me in the email missive that accompanied the documents, “Please also note this that was not an audit – even though I mistakenly used this label at the board meeting where you were present.”

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