4 ms·
Wild speculation aside, it probably wouldn’t be a good thing for this lawsuit to be successful. Broadly speaking, allowing a nonprofit to own and control a for
by Bukhmanizer 3y ago
Wild speculation aside, it probably wouldn’t be a good thing for this lawsuit to be successful.
Broadly speaking, allowing a nonprofit to own and control a for profit is already a big loophole in the tax system. If the nonprofit then becomes technically beholden to the shareholders of the for profit, then what exactly is the point of the nonprofit?