Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: george76

I thought under current tax law this scheme is already illegal. That is, one cannot claim anything to be a charitable donation if you receive something of value in return. Handing out a donation with a contractual clause requiring someone purchase something you hold a financial stake in would seem very illegal under current tax law.


14 posted on 11/26/2023 5:35:40 AM PST by Obadiah
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Obadiah

When you do it in Africa it isn’t.


16 posted on 11/26/2023 5:46:09 AM PST by PittsburghAfterDark (There is no one more racist than a white liberal.)
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson