DEAL HELPS REEL IN BASS CASTAIC LAKE AVOIDS HEFTY TAX WITH LOOPHOLE.Byline: Heather MacDonald Staff Writer CASTAIC - A dozen bass tournaments - and more than $2 million in revenue - will return to Castaic Lake Castaic Lake is a lake on Castaic Creek formed by Castaic Dam, in northwestern Los Angeles County, California, near the town of Castaic. The 323,700 acre foot lake (399,000,000 m³) is the terminus of the West Branch of the California Aqueduct, though some comes from the 154 mi² under a deal that will help organizers avoid a hefty tax. The deal, struck Wednesday, exploits a loophole An omission or Ambiguity in a legal document that allows the intent of the document to be evaded. Loopholes come into being through the passage of statutes, the enactment of regulations, the drafting of contracts or the decisions of courts. in a Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County ordinance A law, statute, or regulation enacted by a Municipal Corporation. An ordinance is a law passed by a municipal government. A municipality, such as a city, town, village, or borough, is a political subdivision of a state within which a municipal corporation has been that imposes a 15 percent levy on the gross revenue of tournaments held on county property. Organizers of the 17 tournaments held each year at Castaic Lake will avoid the fee by registering contestants outside the park and through the mail. ``It's the best thing for everyone involved,'' said Brian Roney, the president of Friends of Castaic Lake and a member of the board of the Castaic Chamber of Commerce. ``We're thrilled that there will be more fishermen going through the area.'' Organizers canceled 11 tournaments this year at Castaic Lake in anticipation of the tax, which was scheduled to take effect July 1, then was postponed to Jan. 1 because of the negotiations. Permits for tournaments must be pulled at least a year in advance. ``We're pleased we won't have to go somewhere else,'' said American Bass Promotions Director Dave Plotnik. American Bass has been holding 10 tournaments a year for the past 12 years at Castaic Lake. ``It's good for the community.'' The fee, which is levied against commercial operations, is used by the county parks and recreation district to help offset operational costs, said Mille J. Jones, a deputy to Los Angeles County Supervisor Michael D. Antonovich Michael Dennis Antonovich (born 1939 in Los Angeles, California) is a member of the Los Angeles County Board of Supervisors representing the Fifth District, which covers northern Los Angeles County, the Antelope, Santa Clarita, Pasadena, and parts of the San Fernando and San . Each tournament, including three days of practice and one day of competition, brings in almost $3,600 in fees to the lake. Nearby convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. and restaurants rack up a significant amount of sales - and add significantly to the county sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. coffers, Roney said. ``It angered a lot of people,'' Roney said. ``The fee is excessive. We're glad we could reach a deal.'' |
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