Posted on 05/26/2015 6:21:38 AM PDT by dila813
The Bill, Hillary, and Chelsea Clinton Foundation has admitted collecting $26.4 million in previously unreported fees from foreign governments and foreign and U.S. corporations for speeches. For tax purposes, who should be treated as the recipient of that money? We’ll come back to the question. As with all things Clinton, the control of the story has been impressive. Sure, the Foundation should have been clearer about this, says the narrative. But it does such incredibly important work on HIV AIDS and other global initiatives.
(Excerpt) Read more at forbes.com ...
Any Freeper willing to Opine?
There is no tax fraud here, because there is no Tea Party here.
Lois Lerner is right on it.
Tax sheltered income derived from donors who exist thanks to tax sheltered income
But hey they buy themselves democrats, so life goes on
When the person IS the product, kinda hard to draw the line. Little a celeb has & does that can’t be construed as a “business expense”.
Are we sure these "speeches" are legit?
A Freeper posted that some execs at companies the Foundation listed as giving gargantuan Clinton Honorariums say they never heard of a Cinton giving a speech. And none of the pricey speeches are found on web sites (as is the usual practice).
The just-revealed honorarium payouts include pricey speeches Bill Clinton gave to:
<><> an Irish scholarship fund,
<><> a Korean conglomerate, and,
<><> a Nigerian newspaper company...
..........each of these entities paid Clinton more than half a million dollars........
The Washington Post reported that Hillary Clinton earned $11.7 million by delivering 51 speeches since January, 2014.....she was paid an astonishing $625,000 for two speeches — in one day!
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AND THIS---Several state and federal agencies the Clintons listed as donors told news outlets they did not contribute to the Clinton Foundation.
<><> EPA is listed as a donor but said there's no record of donations to the Clinton Foundation.
<><> The “Office of Minority Health and Human Services,” is listed but it's not clear what this donation referred to, or even which federal or state office it came from.
<><> The Arkansas Dept of Human Services received a donor "gift receipt" but said they never expended tax dollars to the Foundation.
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Can all the listed donors who took a tax write-off come up w/ a Foundation "gift receipt."
Income taxes are for the little people.
(1) According to ABC's George Stephanopoulous, he was solicited (and/or donated) for donations to specific "charities"...AIDS and deforestation. If the Clinton Foundation received donations based on specific charitable work, then transferred the money elsewhere, the US Postal Service considers this mail fraud.
(2) At the lavish Morocco meeting last week, Bill Clinton was asked by a billionaire donor what Clinton was doing w/ donations. The donor referred to the blizzard of adverse publicity that monies sent to the Foundation were not used as intended. "What is this money for? What have you done with it?," he asked Clinton.
(3) "I just work here," Clinton responded. "I don't know." So if Foundation founder Bill Clinton did not know---and the Board did not know---who knew?
(4) The billionaire donor also told Clinton his daughter (a Foundation Board member) felt useless.....b/c apparently Board Members were not advised of some of Clinton's activities.
(5) If Foundation Board members were not advised of, and did not sign off on, expenditures of tax-exenpt Foundation donations, the Clintons have a legal problem that could involve violation of tax laws. Board members of Foundations are fiduciaries and are required to oversee the distribution of donations.
(6) L/E investigating the Jeffrey Epstein pedophile case found Clinton listed w/ 21 phone nos and email addresses. What for? L/E knows multiple phone nos and emails are connected to money laundering and tax fraud.
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THE CLINTONs MO is down to a science.....and apparently bypasses Board members:
<><> (1) it mops up cash from wealthy foreigners,
<><> (2) bundles it within a larger charitable organization to hide the money’s original source, and,
<><> (3) funnels the cash from the so-called legitimate charity into the Clinton Foundation coffers.
<><> the money-laundering is an intense 24/7 operation.
A NIGERIAN Newspaper has $500,000.00 to throw around?? They got SOMETHING, but WHAT???
Somebody I was talking to about this said that some of these payments could have been made in “The Name Of”, so the person listed isn’t the person that actually paid the money, it is just the name under which the “Donation” was recorded.
Good point....money laundering is a possibility.
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Nigeria got SOMETHING for its half a mill, but WHAT???
It's been reported that Secy of State did not have to overtly give something....in some case official actions she did NOT take was the sweetener.
Still smells.
my bet is it was a party in Nigeria that doesn’t want to be known. Like some jihadists.
I’m sure this was a legit transfer from a nigerian prince who needed help expatriating money for his uncle. I get these offers all the time and have always provided my bank account number to help the good folks there.
HEY, THEY HAVE PAVED THE WAY. WHAT STOPS ANYONE FROM ESTABLISHING A “FOUNDATION” AND PUT YOUR PAYCHECK DIRECTLY INTO IT 100%, TAKE 10% AND GIVE IT TO YOUR FAV CHARITY, TAKE EXPENSES AND THEN PAY YOUR SELF A SALARY...??? ANY TAX EXPERTS OUT THERE?
then later you can say well i forgot to file a correct tax return for the last 5-10 years or so and oh i forgot to include all my revenues..... and the IRS will say BLESS YOU MY SON ALL IS FORGIVEN, JUST DO IT, IF AND WHEN YOU GET AROUND TO IT...ISNOT THAT HOW IT WORKS,,,,, IF YOUR A CLINTOON
Thanks dila813.
Yep, all is forgiven if you are a Clinton.
Anyone wonder why Al Sharpton is not in legal trouble or having any legal sanctions over his millions of unpaid taxes? Same principle involved. Friends in high places and being prominent yourself puts you above the law.
Hey, isn’t that what they got Al Capone for?
It's just a good faith deposit to validate bank account information; they were responding to this email:
l am sorry for the embarrassment this my letter might cause you as we have not had any correspondence before this letter. l am Barrister MRS HILLARY CLINTON, wife of the former United States Of Americans Head of State, Barrister William J Clinton Esq. who left office on January 20, 2001 while still on active duty. l am contacting you in view of the fact that we will be of great assistance to each other likewise developing a cordial relationship. l currently have within my reach the sum of US$500Million cash which l intend to use for investment, like Real Estate came as a payback contract deal between my husband and a Chinese on our countries multi-billion dollars Ballistic Missiles Technology transfer.
The Chinese Partners returned my husband's share of USD$500,000,000.00 after retirement of my husband and lodged in my husband's charity Clinton Foundation company of which l am director right now. The new Civilian Government have intensified their probe on my husband's foundation company. ln view of these, l acted fast to withdraw the US$500,000,000.00 from the vault and deposited it in a Security Company. l have since declared the Security Company bankrupt. No record ever existed concerning the money traceable by the government because there is no documentation showing that we received the money from the Chinese.
Due to the current situation in the country concerning government attitude towards my family, it has become quite impossible for me to make use of this money within. Let me refer you to the page of New York Times newspaper. You can check it through their website www.nytimes.com.
Thus consent l shall expect you to contact me urgently to enable us discuss in detail about this transaction. Bearing in mind that your assistance is needed to transfer this fund, l proposed a percentage of 30% of the total sum to you for the expected service and assistance, 15% for offsetting minor expenses incurred in the course of this transaction. We will require a deposit of $500000,00 American U.S. Dollars to verify your account information and in order to secure release of these funds. Your urgent response is highly needed as to stop further contacts. Please send your reply to my confidential e-mail address which is HDR22@clintonemail.com l will give you my Tel/fax numbers where you can contact me when l hear from you. l must use this opportunity to implore you to exercise the utmost indulgence to keep this matter extraordinarily confidential whatever your decision while await your prompt response.
Because of the security being mounted on the members of my family, l have decided that this transaction exist between you and Mr. Barrister Clinton's adopted daughter Chelsea Clinton. Remember to include your private Tel/fax or mobile number for easy communication and reply to my confidential e-mail address.
Outstanding post. Thank you.
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