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Sunday, December 7, 2008

Televangelist’s $3.6 million jet not tax-exempt, appraiser says


A Kenneth Copeland Ministry jet worth $3.6 million has been denied tax-exempt status by the Tarrant Appraisal District, setting the stage for a battle that could require the minister to reveal his salary if he wants the jet to be tax-free.Jeffery D. Law, Tarrant chief appraiser, said the jet was denied tax exemption because the ministry failed to disclose salaries of directors as an application requires. Law said the ministry, based in Newark, northwest of Fort Worth, will protest the denial at a hearing Monday morning.“The application requires that they submit to us a list of salaries,” Law said. “They have not given it to us, and as a result we have denied their  exemption.” Compensation paid Copeland and other members of his family has been the source of a U.S. senator’s inquiry, but the televangelist has been unwilling to disclose the information publicly.

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