Posted on 04/11/2016 6:26:26 PM PDT by MarvinStinson
Bill and Hillary Clinton, along with their nonprofit Clinton Foundation, have established at least five shell companies in Delaware, according to tax filings highlighted on Monday.
Those companies include two for the couple's personal finances and three for the foundation, according to the documents, which were first reported by the Washington Free Beacon.
All five are filed at 1209 North Orange Street in Wilmington. The address is shared with companies like Google, Apple, Bank of America, Coca-Cola, Ford, General Electric and more than 280,000 others that use the facility to take advantage of the state's tax laws.
Most shell companies are; no franchise tax.
White privilege.
Dead broke!
There is nothing illegal about the activity, but the location has come under renewed scrutiny in the wake of last week’s finding that a Panamanian law firm helped as many as 140 political leaders around their globe surreptitiously shield their assets using offshore holding corporations. During a campaign stop this week, Clinton said the revelations about the “super-rich” exploiting tax loopholes were “outrageous.”
*snip*
Delaware is commonly used as a tax haven within the United States for several reasons. Chief among them are the ease of establishing legal corporations in the state and the anonymity of incorporation permitted by the state’s tax laws. As a result, the 900,000 person state has the most corporations per person of any in the country.
During a campaign stop this week, Clinton said the revelations about the “super-rich” exploiting tax loopholes were “outrageous.”
Gosh!
It’s almost like the Clintons are phonies!
ClintonBush Inc. is incorporated in Nevada.
Saw it myself in the records building archives.
Amazing.
Delaware’s court (Court of Chancery) is also known as being pro-business and has a long history of pro-business rulings. So corporations forming there have a good idea what the rules are that will be applied to them.
Remember, the real problem of the email investigation for Hillary is that it may have lead FBI to discover illegal activity, bribery, etc. at the Clinton Global Initiative.
Those could be very serious felony charges.
When will we see the Rehoboth Beach Papers?
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