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negativenull@negativenull.com to ExMormon @lemmy.worldEnglish · 2 years ago

Mormons walk away from major multinational tax evasion scheme

www.smh.com.au

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  • cross-posted to:
  • worldnews@lemmit.online
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Mormons walk away from major multinational tax evasion scheme

www.smh.com.au

negativenull@negativenull.com to ExMormon @lemmy.worldEnglish · 2 years ago
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  • cross-posted to:
  • worldnews@lemmit.online
The Mormon Church is significantly reducing its use of a controversial shell company after an investigation revealed it had engaged in alleged serious tax evasion in Australia.
  • Kuvwert@lemm.ee
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    2 years ago

    What on earth would a tax free org need a shell company for

    • LousyCornMuffins@lemmy.world
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      2 years ago

      The bigger question is why the hell are they maintaining cash reserves such that they have to do transfer pricing

      • Kuvwert@lemm.ee
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        2 years ago

        Oh darn, are non profit orgs not supposed to hoard billions in profit?

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