WaPo says DCNF is a blatant tax shelter: ''Yet the website owes some of its fortune to a peculiar business structure that enables it to increase revenue while reducing its tax obligation.''
Any thoughts? I think this is pretty common, for example in Canada, ''True North'' is our based-and-redpilled media outlet but when you look into them closer, they aren't really a media outlet, they are registered as a charity for immigrants:
WaPo says DCNF is a blatant tax shelter: ''Yet the website owes some of its fortune to a peculiar business structure that enables it to increase revenue while reducing its tax obligation.''
https://www.washingtonpost.com/news/the-fix/wp/2017/06/02/charity-doubles-as-a-profit-stream-at-the-daily-caller-news-foundation/
Any thoughts? I think this is pretty common, for example in Canada, ''True North'' is our based-and-redpilled media outlet but when you look into them closer, they aren't really a media outlet, they are registered as a charity for immigrants:
https://pressprogress.ca/right-wing-media-outlet-accredited-for-leaders-debate-is-also-registered-as-a-charity-for-immigrants/
I wonder how common these tax shelters masquerade as media outlets are