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Interesting tax evasion idea but the thing I don't get is who they would donate it to. Would they set up some fake non-profit? Otherwise who would take it? I'm
by choward 5y ago
Interesting tax evasion idea but the thing I don't get is who they would donate it to. Would they set up some fake non-profit? Otherwise who would take it? I'm sure the first thing a non profit would do is try to sell it to convert it to real money and then realize it's worthless and they didn't just get a $90,000 donation.
- 300bps 5y agoThere are 1.6 million tax exempt 501c3 organizations in the U.S. They range from major multibillion dollar charities to dudes who spent a few hours completing paperwork.