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xchaotic
2725 days ago
A related example is Zuckeberg charity - they simply moved some of their wealth to a charity but retain full control on how it's spent, it's just tax free now.
http://fortune.com/2015/12/02/zuckerberg-charity/
1 comments
bb611
2724 days ago
It's not a charity, his donations to it aren't tax deductible or tax free. If the business makes tax deductible donations those will pass back to him.
link