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"He wants Ensign Peak Advisors to pay the taxes he says it owes on the $100 billion built from tithing. If the IRS decides Nielsen is right, he could be rewarde
by fxtentacle 3y ago
"He wants Ensign Peak Advisors to pay the taxes he says it owes on the $100 billion built from tithing. If the IRS decides Nielsen is right, he could be rewarded with up to 30% of what's collected"
- xmcqdpt2 3y agoI wouldn't be surprised if he got a few millions from the SEC suit against Ensign Peak already, but he would get very rich indeed if the IRS assessed back taxes on them. That doesn't mean he's wrong! I don't believe there is much debate about the main facts in the SEC suit anyway, so we know the church owns Ensign Peak, that Ensign peak has at least tens of billions in securities and that they distributed those to a bunch of shell companies so that they wouldn't have to report their holdings, primarily so as to avoid public resentment.