Exclusive: Clinton charities ignore law requiring
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Posted On: 11/30/2018 1:00:59 PM
Exclusive: Clinton charities ignore law requiring them to disclose millions from foreign donors
New York Attorney General Eric Schneiderman has the power to force the Clinton Foundation and the Clinton Health Access Initiative to publicly disclose the names of foreign governments and the millions they donate each year to the charities but he’s not doing it, a Scripps News investigation has found.
Schneiderman’s failure to require compliance with New York law and written instructions from his own office keeps the public in the dark about whether the foreign governments that gave money to the Clinton charities also had special access to Hillary Clinton when she was secretary of state, experts in private foundation law say. New York state has long required more transparency from non-profits operating within its borders than many other regulators.
The Internal Revenue Service has long required charities to disclose on their federal tax returns the total amount of contributions they receive from all governments, foreign and domestic.
Read more: https://www.news5cleveland.com/longform/exclu...ign-donors
Clinton Foundation Amends 4 Years Taxes, Admits Speech Fees Weren't Donations
The Clinton Foundation filed its 2014 tax return, and amended its filings for 2010, 2011, 2012 and 2013. In a highly structured statement, Foundation President Donna Shalala explained that this was all voluntary. Besides, she noted, it all came about because of an error in 2010 to 2013 filings. The updated returns can be found at Clinton Foundation amendments.
Earlier this year, the Clinton Foundation said it needed to amend its taxes. There just may have been millions of donations omitted, so Foundation operatives wanted to make it right. Despite the connection and all the speech income, the Foundation is distinct from the Clinton family. There was no suggestion that these monies would be taxed to the Clinton Foundation or to Mr. or Ms. Clinton. Even so, it was still an embarrassing error.
Read More: https://www.forbes.com/sites/robertwood/2015/...161232136d
New York Attorney General Eric Schneiderman has the power to force the Clinton Foundation and the Clinton Health Access Initiative to publicly disclose the names of foreign governments and the millions they donate each year to the charities but he’s not doing it, a Scripps News investigation has found.
Schneiderman’s failure to require compliance with New York law and written instructions from his own office keeps the public in the dark about whether the foreign governments that gave money to the Clinton charities also had special access to Hillary Clinton when she was secretary of state, experts in private foundation law say. New York state has long required more transparency from non-profits operating within its borders than many other regulators.
The Internal Revenue Service has long required charities to disclose on their federal tax returns the total amount of contributions they receive from all governments, foreign and domestic.
Read more: https://www.news5cleveland.com/longform/exclu...ign-donors
Clinton Foundation Amends 4 Years Taxes, Admits Speech Fees Weren't Donations
The Clinton Foundation filed its 2014 tax return, and amended its filings for 2010, 2011, 2012 and 2013. In a highly structured statement, Foundation President Donna Shalala explained that this was all voluntary. Besides, she noted, it all came about because of an error in 2010 to 2013 filings. The updated returns can be found at Clinton Foundation amendments.
Earlier this year, the Clinton Foundation said it needed to amend its taxes. There just may have been millions of donations omitted, so Foundation operatives wanted to make it right. Despite the connection and all the speech income, the Foundation is distinct from the Clinton family. There was no suggestion that these monies would be taxed to the Clinton Foundation or to Mr. or Ms. Clinton. Even so, it was still an embarrassing error.
Read More: https://www.forbes.com/sites/robertwood/2015/...161232136d
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