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Foundations To Stop Tax Reporting

HeartyHandshakes

Active Member
May 17, 2017
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Is it legal to use a foundation as the beneficiary of the corporation to legally avoid not reporting tax? On the surface it makes sense since you are not the owner, but only an advisor of the foundation with no beneficial interest.

This seems legit, what do you think?

Would you trust this structure or is there too much danger the fiduciary agent could run off with the money?