IRS records reveal how the wealthiest avoid income tax

Re:IRS records reveal how the wealthiest avoid income tax by airstrike on Tuesday June 08, 2021 @10:22AM (#27435562)

> Even a charitable organization the donor fully controls must follow regulations on its activity.

Conversely, even a charitable organization not run by the donor may be heavily influenced by a disproportionate donor such that it is de facto controlled by them.

[ Parent | on HN ]

Re:IRS records reveal how the wealthiest avoid income tax by kristjansson on Tuesday June 08, 2021 @10:45AM (#27435854)

So they get to set organizational policy, but still can’t compel the organization to do illegal things (like route the donors money back to them tax-free)

[ Parent | on HN ]