According to a piece recently released by the Orlando Sentinel, it would appear that Walt Disney Parks and Resorts is set to square off against the tax man. It is being reported that Disney has recently filed nearly a dozen lawsuits to dispute what they are seeing as unfair tax assessments on their properties from 2016.
The lawsuits were filed last month in Orange Circuit Court against Appraiser Rick Singh as well as tax collectors and the Florida Department of Revenue.
It is not the first time that Orlando theme parks have gone to court over what they deem as unfair property taxes In October of last year Disney, Universal Orlando and Sea World all sued Singh over high property taxes. Universal and Loews Hotels are also currently locked in a dispute similar to Disney’s over the assessments of four of their properties including: Hard Rock, Cabana Bay, Portofino Bay and Royal Pacific.
The lawsuit, as reported by the Orlando Sentinel, revealed that Singh assessed Disney’s Epcot at $446 million, Magic Kingdom at $437 million and Hollywood Studios at $339 million. Several of Walt Disney World’s resorts are also included in the dispute including: Animal Kingdom Lodge, which was assessed at $153 million as well as the Caribbean Beach Resort assessed at $209 million.
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