The Enquirer
Hamilton County commissioners object to the Bengals' proposed deal with the Internal Revenue Service if it means taxpayers will get the $2 million tax bill, the county's attorney told the team in a letter Tuesday.
Attorney Stanley Chesley's letter also directed Bengals officials to fully brief the county on the proposed deal.
Bengals attorney Stuart Dornette did not return a call seeking comment Tuesday afternoon. However, he said Monday that the football team expects the county to pay the reduced tax bill that has been negotiated with the IRS.
Bengals shareholders had been ordered to pay taxes on $26 million collected in seat-license fees when Paul Brown Stadium was first built. The $26 million went toward construction of the stadium as the team's contribution.
The full tax bill would have been about $14 million, but the Bengals negotiated a reduction with the IRS, the team notified the county in a letter last week. The Bengals' stadium lease holds the county responsible for any taxes on the seat licenses.
ELECTION 2004
Cheney, Edwards trade sharp barbs
Case Western U. cashes in on occasion
Old warriors disagree, but they do so amiably
Cheney, Edwards spar over Iraq, truth-telling in their debate
Stand-in Portman center of attention
Campus becomes nearly carnival
Excerpts from Tuesday's vice presidential debate
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Election 2004 section
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EDUCATION
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