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Old 08-31-2003, 05:25 AM   #1 (Link)

Mahesh
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Default Therefore I want to keep BBT separate.


74-12-08. Letter: Hamsaduta: Regarding the BBT and the Society
corporation, yes I want this kind of umbrella corporation. But if there is any
difficulty, we have got BBT already tax exempt in India. If there is difficulty
in getting BBT tax exempt in USA then we have got it here. You say that the
lawyer suggests that BBT be a satellite organ of ISKCON, but does that mean
that BBT is separate from ISKCON or not? Ramesvara gives the hint that ISKCON
may go into liquidation. I cannot think of it. But, anyway, I cannot at any
cost risk BBT if ISKCON goes into liquidation. Why risk the BBT by amalgamatng
it into ISKCON? Therefore I want to keep BBT separate.

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