4 ms·
And as you likely know, there is a 200% penalty for self-dealing. If you extract a billion dollars from a non-profit for self-dealing purposes, you owe the IRS
by vaporland 7y ago
And as you likely know, there is a 200% penalty for self-dealing.
If you extract a billion dollars from a non-profit for self-dealing purposes, you owe the IRS $2 billion.