Whistleblower reports Mormon Church has amassed a $100 billion tax-free fund

The Church of Jesus Christ of Latter-day Saints has amassed $100 billion in tax-free funds that should have gone to charitable causes, according to a whistleblower who alerted the IRS, reports The Washington Post.

The confidential document, received by the IRS on Nov. 21, accuses church leaders of misleading members — and possibly breaching federal tax rules — by stockpiling their surplus donations instead of using them for charitable works. It also accuses church leaders of using the tax-exempt donations to prop up a pair of businesses.

...

https://ift.tt/35uSund

Image: CC0 Public Domain



from Boing Boing https://ift.tt/2S0MOxs
via IFTTT
Share on Google Plus

About Unknown

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.
    Blogger Comment
    Facebook Comment

0 comments:

Post a Comment