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I read a really interesting article some years ago how the rich setup charity foundations to hide from taxes. I donate to your foundation some large amount and
by samstave 7y ago
I read a really interesting article some years ago how the rich setup charity foundations to hide from taxes. I donate to your foundation some large amount and you do the same.
Then employ your family members to run the foundation and pay them a huge salary.
I can’t validate this, but I recall the article.