Mormons walk away from major multinational tax evasion scheme

https://www.smh.com.au/national/mormons-walk-away-from-major-multinational-tax-evasion-scheme-20230705-p5dlxs.html

13 points · 5 comments · view on lemmy.world

5 Comments

Kuvwert@lemm.ee · 5 pts · 3y (2 replies)

What on earth would a tax free org need a shell company for

HeyThisIsntTheYMCA@lemmy.world · 4 pts · 3y (1 reply)

The bigger question is why the hell are they maintaining cash reserves such that they have to do transfer pricing

Kuvwert@lemm.ee · 6 pts · 3y

Oh darn, are non profit orgs not supposed to hoard billions in profit?

HeyThisIsntTheYMCA@lemmy.world · 3 pts · 3y (1 reply)

They got investigated for fraud and ran away because... Wait for it...

negativenull@negativenull.com · 4 pts · 3y

Brave Sir Mormons ran away,

Bravely ran away, away.

When danger reared its ugly head, they bravely turned their tail and fled.

Yes, brave Sir Mormons turned about

And gallantly, they chickened out. Bravely taking to their feet,

They beat a very brave retreat,

Bravest of the brave, Sir Mormons.