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How can one slash a non existant donation from taxes?
by rvba 2y ago
How can one slash a non existant donation from taxes?
- bubaumba 2y agoIt's a trick. If you donate something to charity you can write it off the taxes. After IPOs most new billionaires did it, including Zuk. It's enough to just promise it publicly. There is no time limit, it can take years to 'donate', but writing off is immediate. To optimize it even further they create their own dummy charities full of friends and relatives.