Excellent work... How does this sound: The ring launders money through bogus art sales of unknown hacks, who are paid very little for the originals. The works are then 'purchased' at inflated prices by ring members who, in fact, are actually buying children.
Well because it is art related, is will be considered a cultural institution to the IRS (not for profit institution) thus tax exempt, as opposed to say churches in the cult who are exempt as charitable organizations.
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ProbablyHoly ago
Transformer Inc is a registered tax-exempt organization with the IRS.
AFriend ago
Yeah, wish I could edit my Title.
Listed as "170(b)(1)(A)(vi) Organization" a "Charitable Organization"
What charitable works do they perform?
remedy4reality ago
Excellent work... How does this sound: The ring launders money through bogus art sales of unknown hacks, who are paid very little for the originals. The works are then 'purchased' at inflated prices by ring members who, in fact, are actually buying children.
ProbablyHoly ago
Well because it is art related, is will be considered a cultural institution to the IRS (not for profit institution) thus tax exempt, as opposed to say churches in the cult who are exempt as charitable organizations.