In this instance, Romney used the tax-exempt status of a
charity -- the Mormon Church, according to a 2007 filing -- to
defer taxes for more than 15 years. At the same time he is
benefitting, the trust will probably leave the church with less
than what current law requires, according to tax returns
obtained by Bloomberg this month through a Freedom of
Information Act request.
Romney Avoids Taxes via Loophole Cutting Mormon Donations
Current Status: Blessed (1)
Seeded on Mon Oct 29, 2012 7:30 AM

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