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A Growing Worry for Charities: Tax Havens for the Rich - Vimarsana News

A Growing Worry for Charities: Tax Havens for the Rich

A spotlight that has been thrown on how many of the rich and powerful shield their wealth is also intensifying a fear among philanthropy experts: That the tax...

A growing worry for charities: Tax havens for the rich - Vimarsana News

A growing worry for charities: Tax havens for the rich

A spotlight that has been thrown on how many of the rich and powerful shield their wealth...

A growing worry for charities: Tax havens for the rich - Vimarsana News

A growing worry for charities: Tax havens for the rich

The Pandora Papers report revealed how the world's rich and powerful stashed trillions of dollars using tax havens. Philanthropy experts fear that will give the wealthy less incentive to donate

A Growing Worry for Charities: Tax Havens for the Rich - Vimarsana News

A Growing Worry for Charities: Tax Havens for the Rich

Wealthy Americans have long sought to use charitable contributions to reduce their tax burdens. But the “Pandora Papers” report  revealed how world leaders, billionaires and others have stashed trillions of dollars out of the reach of governments by using shell companies and offshore accounts, which are considered legal.

Source: wttw.com