Tag: foundations
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Foundations and tax evasion, maximizing profits and Bill Gates
Foundations have long been associated with philanthropy and public good. However, they are often used as sophisticated tools by the super-rich to evade taxes and maximize profits. These mechanisms, while technically legal, exploit systemic loopholes, intertwining wealth preservation, influence, and control. Let’s explore how foundations and related strategies serve as vehicles for tax avoidance, profit…