Quote:
Originally Posted by TheDaddy
Biggest tax scam around is charitable foundations.
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Yeap, tax free money laundering operations. It's relatively easy to set up a charity; you become the CEO and your family/cronies members. Write some BS to justify the status, help people of "hardship" of some type or another
then companies/people donate to the charity instead of paying you/family/cronies. You spend the money and justify it as charity work.
How about setting up a wine charity, and organise wine parties in Central London or Surrey? Ooooooops, has been done to death, too many of those. Google "wine charity"
and for legal reasons I am not saying/implying that any one of those is doing something illegal.