finances in the News

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January 1, 1998 Tax Agency Hints At Inquiry on Leak On Scientologists The Internal Revenue Service indicated yesterday that it would open an investigation into the disclosure of the confidential closing agreement that granted tax-exempt status to the Church of Scientology. Details of the agreement had been kept secret under taxpayer privacy law since it was reached between the tax agency and the church in 1993. Under the agreement, the church paid $12.5 million to the tax agency, created an internal monitoring committee to insure compliance with tax laws and agreed to drop more than 2,000 lawsuits against the tax agency and present and former tax officials. Clearwater, finances, lawsuits, Press
January 2, 1994 Firms That Pay Late Still Have Power More than 100 companies and government agencies owe delinquent City of Austin utility bills exceeding $5,000 each but continue to receive service. Many of the delinquent customers consistently pay late or pay less than the amount due, maintaining large delinquencies but paying enough to keep the lights on. The Church of Scientology, which owns a commercial building near the University of Texas, is among the top nongovernmental delinquent accounts, owing the city $65,106 as of last week. Austin, finances, Press
January 1, 1991 Scientologists Are Sued For $127,000 Five companies are suing the Church of Scientology for more than $127,000, claiming that the organization has failed to pay its bills for construction work and equipment. Besides those lawsuits, the Scientologists have settled five others within the past two years from companies that claimed they were owed more than $39,000 for items ranging from travel services to construction materials. Clearwater, finances, lawsuits, Press
January 6, 1983 Fight Over Funds Divides Scientology Group The Church of Scientology is embroiled in a bitter internal battle over the control of hundreds of millions of dollars. The church is described by its leaders as a religion and by its critics as a highly profitable business with cultlike overtones. It has long been a target of investigations by the Federal Bureau of Investigation and other law-enforcement agencies in this country and abroad. finances, lawsuits, Press
January 22, 1980 Drop Action Against 5 Albertans The Church of Scientology yesterday proposed to discontinue a lawsuit against five of eight Albertans it says conspired to interfere with and defame the organization. The action follows 3 1/2 years of pre-trial applications involving seven Calgarians and an Edmontonian as the defendants and three Scientology missions in the province. A lawyer for the church refused to say why the action was initiated less than a month before the Feb. 11 trial date. But he ruled out speculation that the church was backing down because it has failed to produce financial records the lawyer for the Calgary defendants says are needed to prepare his clients' defence. Calgary, finances, lawsuits, Press