TP claimed that their receipts were exempt under Section 7-9-29. TP was not granted tax exempt status under the provisions of Section 501(c)(3) of the Internal Revenue Code. TP also claimed that they were not negligent because they relied on the advice from their bookkeeper/accountant. TP was found to be not negligent for tax years 1991-1993. Protest denied in part and granted in part.
Canon de Carnue Land Grant Heirs Ass’n