3 ms·

Patagonia is just a tax haven now that the founder passed right?

• icpmacdo 2y ago
  He's alive
  • ProAm 2y ago
    You are correct, my mistake, but the company is a tax haven now. [1] https://www.bloomberg.com/news/articles/2022-09-15/patagonia-billionaire-who-gave-up-company-skirts-700-million-tax-hit https://www.bloomberg.com/news/articles/2022-09-15/patagonia... [2] https://qz.com/patagonia-s-3-billion-corporate-gift-is-also-a-conveni-1849543678 https://qz.com/patagonia-s-3-billion-corporate-gift-is-also-...
• cryptoz 2y ago
  It was the North Face founder that passed.
  • ProAm 2y ago
    That doesnt mean that this company is not a tax haven now. (I thought he had passed, but just change the company to keep his kids safe from taxes when he does pass) [1] https://www.businessinsider.com/patagonia-big-climate-donation-saves-1-billion-in-taxes-yvon-chouinard2022-9?op=1 https://www.businessinsider.com/patagonia-big-climate-donati... [2] https://www.bloomberg.com/news/articles/2022-09-15/patagonia-billionaire-who-gave-up-company-skirts-700-million-tax-hit https://www.bloomberg.com/news/articles/2022-09-15/patagonia... [3] https://qz.com/patagonia-s-3-billion-corporate-gift-is-also-a-conveni-1849543678 https://qz.com/patagonia-s-3-billion-corporate-gift-is-also-...