I am confused, I always thought a tax haven is a country or place with very low taxs, thus a "haven" for investors to invest their money. Beings CAM is an American based charity, they must abide by all the tax laws of this nation. Yes, the money donated to CAM and any other 501 c charity, can be used as a tax deduction. But that hardly can be termed as a "tax haven". If that would be the case then every charitable organization in this nation would be a "tax haven". And at this point it is not illegal to donate to 501c charities, in this country, so I am confused how that would be evasion.steve-in-kville wrote:I am honestly shocked that some federal agency hasn't latched on to CAM yet, and taken them down for tax evasion or money laundering, or something of that nature. The stories of them being a tax haven for wealthy Mennonites to astounding. Pennsylvania Dutch version of a Swiss bank account. One would think they should be on someone's radar by now.
Also money laundering is a method of making large amounts of money usually by a criminal activity, and then making it appear to have come from a legitimate source. CAM is funded honest by hard working people who earn their money legitimately and not through criminal activity.
Yes, the actions of Jeriah Mast were criminal, and those covering the crime up, could be deemed as an accessory of those crimes. But I hardly think the hundreds of other people who work for them, and the organization as a whole is a large "money laundering, tax evading organization".