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Tax preference for Cordoba Initiative, tax penalty for pro-Israel group

August 29, 2010

While the developers of the Ground Zero Mosque may finagle tax-exempt financing (see Creeping Sharia), a pro-Israel organization is being denied tax-exempt status by the IRS according to a new lawsuit.  Check out the coverage on TaxProf Blog:  Lawsuit: IRS Using Bob Jones University to Deny Tax-Exempt Status to Pro-Israel Charity.

Oh, an in addition to tax-free financing, it’s worth noting that a lot of mosque projects involve interest-free financing from the North American Islamic Trust.  From NAIT’s website:

NAIT has advanced millions of dollars in interest-free loans to centers to complete their infrastructure projects. Relationship with NAIT (e.g. the case of Tulsa, Oklahoma) can help in inducing the signing of construction contracts in the face of limited immediate availability of construction funds. Affiliation with NAIT helps in obtaining and renewing property tax exemption, and in dealings with the IRS.

NAIT is the waqf (Islamic endowment) component of the Islamic Society of North America.  Remember that ISNA, NAIT, and CAIR were all unindicted co-conspirators of the Holy Land Foundation, the American Islamic charity convicted of funding Hamas.

14 comments

  1. They are not limited to caliphastist front groups like cordoba initative … check this

    http://bigpeace.com/cbrim/2010/08/29/coming-august-31-direct-access-stimulus-grants-for-the-muslim-brotherhood/


  2. “Remember that ISNA, NAIT, and CAIR were all unindicted co-conspirators of the Holy Land Foundation, the American Islamic charity convicted of funding Hamas.”

    Really? Israel has created and funded Hamas (to counterbalance Arafat) until it got out of hand and was elected to power in Gaza.
    In a statement to the Israeli Parliament’s (the Knesset) Foreign Affairs and Defense Committee on Monday February 12, 2007, Israeli Prime minister Ehud Olmert said “Netanyahu established Hamas, gave it life, freed Sheikh Yassin and gave him the opportunity to blossom”

    http://en.wikipedia.org/wiki/History_of_hamas

    Are you trolls on MOSSAD payroll or something? Why are you spreading hate and half-truths on the net? Get a life, you hate mongering retards.


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