The Anaheim city council has chosen to not move forward with a proposed “admissions tax” that would have added a 2% surcharge to Disneyland Resort tickets. The tax was proposed by Councilman Jose Moreno. It would have applied to any venue with a capacity for 15,000 guests or more, including Disneyland Resort theme parks, as … Read more
The Orlando Sentinel is reporting that Walt Disney World will receive a financial boost from the settlement of a property tax grievance. Reports indicate that Disney will receive around $1.3 million for the 2015 tax year. Similar amounts will be paid to Disney for the 2016 through 2020 tax years according to Orange County Tax … Read more
While Florida’s theme parks begin to reopen following their months-long closures due to the COVID-19 pandemic, we’re now starting to see the economic impact that the closure had. WFTV reporter Deanna Allbrittin posted on Twitter that Orange County only collected $765,900 in Tourist Development Tax revenues for the month of April, a 97% decrease from … Read more
Anaheim City Council has voted to eliminate the tax subsidies that Disneyland called a “flashpoint for controversy and dissension in our community”. This vote means that the $267 million in tax breaks that Disneyland was set to receive for the recently postponed four-diamond hotel is no more. Agreed upon in 2016, the tax break would’ve given Disney … Read more
Right on the heels of announcing they are halting work on their new luxury hotel, Disney has called on Anaheim to end all tax break agreements. Yesterday, Disneyland President Josh D’Amaro sent a letter to city leaders to end tax incentive agreements with Disney. His reasoning for the call to action was that the incentives … Read more