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The primary issue, as I understand it, is front groups. Like some big industry will put up a 501c4 front group called something generic like "Cool People of Ame
by cowmoo728 4y ago
The primary issue, as I understand it, is front groups. Like some big industry will put up a 501c4 front group called something generic like "Cool People of America" and spend $1B of secret money to accuse their opponent of eating babies. No one can know where the money came from or really anything about the group, but they still have a legal right to spend unlimited amounts of money. It's easier for the public to understand if the money is attributable to company X or person Z.
- silvestrov 4y agoInteresting. In EU there is a big push for documenting the real ownership of companies. So you can't hide behind shell companies. I.e. a difference between "legal owner" and "real owner". E.g. a comapny like "nemlig.com Inc" is owned by "INTERVARE Inc" which is owned by 2 persons. But you still have to document those 2 persons for nemlig.com See "Ejerforhold/Ownership" on https://datacvr.virk.dk/enhed/virksomhed/33070861 https://datacvr.virk.dk/enhed/virksomhed/33070861