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Mormon Church accused of hiding $100 Billion in Assets From the IRS.

Published: August 17, 2020
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Source: reddit

Lds, Temple, Mormon, Church, Architecture, Spiritual

The Church of Jesus Christ of Latter-day Saints, commonly referred to as the Mormon Church, responded Tuesday to a recently filed whistleblower complaint that accuses the church of stockpiling $100 billion in accounts intended for charitable works, misleading members and avoiding taxes.

Mormon Church accused of stockpiling billions, avoiding taxes

Whistleblower complaint to the IRS (78pgs)

Youtube video with a summary of the complaint

Seems like a non profit with that much capital should be considered a business. LDS Church discloses the $37.8 billion stock portfolio of its biggest investment fund

Can the IRS investigate?

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