by
Category: Featured
-
10 years of Scientology’s UK Financial Accounts
Since being rejected by the Charity Commission in 1999, Scientology has operated in the United Kingdom through an Australian-registered charity called COSRECI (Church of Scientology Religious Education College, Inc). As such, their revenue is considered ‘foreign income’ and is exempt from income tax. However, due to its lack of tax exemption in the UK, Scientology…
-
Scientology’s $100 million DEBT Problem
Recent financial filings with the Australian Charities & Not-for-profits Commission (ACNC) paint a worrying financial picture for Scientology’s UK operations. Operating through an Australian-registered entity known as COSRECI (Church of Scientology Religious Education College, Inc), Scientology are required to file annual accounts that detail where its money comes from and – crucially – where it…
by
-
Scientology’s UK Shell Companies
In the United Kingdom, Scientology operates through an Australian-registered charity named Church of Scientology Religious Education College, Inc. (COSRECI). However, when they applied (and were rejected) for charity status in 1999, they did so under another entity, Church of Scientology (England and Wales). It appears there are a number of currently active Scientology shell companies…
by
-
How Scientology Failed to Obtain Tax-Exempt Status in the UK
Scientology operates in the UK under an entity known as COSRECI, or Church of Scientology Religious Education College, Inc, which is an Australian-registered Charity that operates exclusively in the UK. The entirety of Scientology’s UK activities operate through COSRECI, including its East Grinstead headquarters Saint Hill Manor, and the ‘Ideal Orgs’ located in London and…
by
-
Scientology’s 2022 UK Financial Documents
Last month Scientology’s UK corporation known as the Church of Scientology Religious Education College Inc (COSRECI), filed their latest accounts with the Australian Charities & Not-for-profits Commission. The filings reveal an overall annual income of $26,562,014, up $3 million on the previous year. With expenses of $29,300,642 the corporation operated a net loss and have…
by
-
Scientology’s UK Corporate Structure
Despite receiving religious recognition and IRS tax exemption in the US, the Church of Scientology was denied charity status by the UK Charities Commission in 1999. This means Scientology’s UK operations are taxable by HM Revenue & Customs and the organisation is liable to pay Corporation Tax on its profits. According to the government website…
by
