Mormons walk away from major multinational tax evasion scheme
Mormons walk away from major multinational tax evasion scheme
The Mormon Church is significantly reducing its use of a controversial shell company after an investigation revealed it had engaged in alleged serious tax evasion in Australia.
What on earth would a tax free org need a shell company for
The bigger question is why the hell are they maintaining cash reserves such that they have to do transfer pricing
Oh darn, are non profit orgs not supposed to hoard billions in profit?
They got investigated for fraud and ran away because... Wait for it...
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.