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A comment on Is the new Zuckerberg fake charity an estate tax avoidance scheme?. Parent comment

Re:Is the new Zuckerberg fake charity an estate tax avoidanc... by vilhelm_s on Thursday December 03, 2015 @11:23PM (#10674597)
This is not a charity in the tax sense (a 501(c) organization), it's a limited liability company. So if there are tax benefits, I don't think they come from a government policy to increase charitable spending.
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Re:Is the new Zuckerberg fake charity an estate tax avoidanc... by 542458 on Thursday December 03, 2015 @11:47PM (#10674692)
I don't understand this comment - You don't have to be a charity to do charitable works, and an LLC can be a charity. Note that the Bill & Melinda Gates Foundation is a Foundation (which is not all that different from an LLC without shareholders from a tax+reporting perspective), and does lots of charitable works.
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Re:Is the new Zuckerberg fake charity an estate tax avoidanc... by prostoalex on Friday December 04, 2015 @12:01AM (#10674751)
The tax treatment of a charitable foundation (as opposed to an LLC) is very different.
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