Tag Archives: Tax Evasion

Ensign Peak Advisors Withdrawls, Religious Tax-Exemption, And Lack of Charitable Work

The Ensign Peak Advisors controversy centers on the Church of Jesus Christ of Latter-day Saints, or rather the Corporation of the President of the Church of Jesus Christ of Latter-day Saints, doing business as The Church of Jesus Christ of Latter-day Saints, using a tax-exempt investment fund to manage hundreds of billions of dollars derived …

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Mormons Call the Church President the Prophet But Haven’t Always

There has been a significant cultural change within the Mormon Church, shifting from church leaders predominantly being referred to as “President,” to being esteemed as “Prophet.” This change evolved gradually over several decades. Initially, references to the church leader as “Prophet” were reserved exclusively for Joseph Smith, the church’s founder, and prophets from biblical and …

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Anytime an organization's operational budget is primarily made up of tax-free donations, from my perspective, they have an ethical obligation to be transparent about their finances. The reason why they have tried for so long to keep these portfolios under wraps, is because they are concerned that it would lower people's willingness to pay tithing. - Ryan McKnight, Government Regulator & Founder of Mormon Leaks. The Fifth Estate, October 27, 2022 | wasmormon.org
Anytime an organization's operational budget is primarily made up of tax-free donations, from my perspective, they have an ethical obligation to be transparent about their finances. The reason why they have tried for so long to keep these portfolios under wraps, is because they are concerned that it would lower people's willingness to pay tithing. - Ryan McKnight, Government Regulator & Founder of Mormon Leaks. The Fifth Estate, October 27, 2022
The church is taking away the government's ability to fund health care, and education, and provide other essential services. They've done it at the expense of taxpayer dollars. There's definitely been a change in [my] perspective. The church teaches that the temple should always be a focal point in your life. The temple has become a physical reminder of greed for me. - Nigel Kennet, a Canadian accountant, was working on the books of a church of a different faith, when he saw how much their members gave to charity. So, he looked into the Mormon's books, and was stunned by where their donations were going. - The Fifth Estate, October 27, 2022 | wasmormon.org
The church is taking away the government's ability to fund health care, and education, and provide other essential services. They've done it at the expense of taxpayer dollars. There's definitely been a change in [my] perspective. The church teaches that the temple should always be a focal point in your life. The temple has become a physical reminder of greed for me. - Nigel Kennet, a Canadian accountant, was working on the books of a church of a different faith, when he saw how much their members gave to charity. So, he looked into the Mormon's books, and was stunned by where their donations were going. - The Fifth Estate, October 27, 2022
Why does God, God of Miracles, require all this money? With its preponderantly corporate structure, what else is it going to do? It's going to bring money in like a vacuum cleaner, to benefit the shareholders. That's what it does. When you join the dots, this seems to be a pattern of behavior that doesn't really favor the church very well in how it looks as a church. - Neville Rocco, Australian Barrister, Former Mormon, Bishop, Free-thinker - The Fifth Estate, October 27, 2022 | wasmormon.org
Why does God, God of Miracles, require all this money? With its preponderantly corporate structure, what else is it going to do? It's going to bring money in like a vacuum cleaner, to benefit the shareholders. That's what it does. When you join the dots, this seems to be a pattern of behavior that doesn't really favor the church very well in how it looks as a church. - Neville Rocco, Australian Barrister, Former Mormon, Bishop, Free-thinker - The Fifth Estate, October 27, 2022
If people knew that the church had a hundred billion dollars, and they weren't putting it to any use, they would be less inclined to continue donating to the church. A lot of members of the Mormon church have been clamoring to get their tithing back. People are upset about this, they know that the ethics are not Christ's ethics. [The church has] billions of dollars in Apple, and in fossil fuel burning companies, and energy companies. All of these vehicles, you wouldn't think, are what churches would invest in. So that rattled people, and then the lack of activity in doing something that that money is designed to be used for. Nothing religious educational or charitable. Small community congregationalist type churches shouldn't be subjected to a severe burden of reporting. But giga churches have to. There are mega churches in this country, maybe there are a few in Canada too, but in this country, there is one giga church, and it's the Mormon Church. - Lars Nielsen, Whistleblower - The Fifth Estate, October 27, 2022 | wasmormon.org
If people knew that the church had a hundred billion dollars, and they weren't putting it to any use, they would be less inclined to continue donating to the church. A lot of members of the Mormon church have been clamoring to get their tithing back. People are upset about this, they know that the ethics are not Christ's ethics. [The church has] billions of dollars in Apple, and in fossil fuel burning companies, and energy companies. All of these vehicles, you wouldn't think, are what churches would invest in. So that rattled people, and then the lack of activity in doing something that that money is designed to be used for. Nothing religious educational or charitable. Small community congregationalist type churches shouldn't be subjected to a severe burden of reporting. But giga churches have to. There are mega churches in this country, maybe there are a few in Canada too, but in this country, there is one giga church, and it's the Mormon Church. - Lars Nielsen, Whistleblower - The Fifth Estate, October 27, 2022
There is in [Canada's] tax system a loophole that says if it's used for educational purposes that benefit Canadians outside of Canada, then you can use the money that way. They rationalize, oh, well maybe one percent of BYU is Canadian. They say as long as it's benefiting anyone who is Canadian at BYU... Even if it benefits one student. [My brother] started to hear that the leaders of the Mormon Church were saying things like, not one penny of tithing money was being used to build the City Creek Mall. That, blatantly wasn't true. He had seen the journal ledgers, he had been in on these conversations, he knew that 1.4 billion dollars had been spent to shore up the the City Creek Mall. If they do something that's illegal, I'm going to call them out on it because that's the right thing to do, and they taught me that. - Lars Nielsen, Whistleblower - The Fifth Estate, October 27, 2022 | wasmormon.org
There is in [Canada's] tax system a loophole that says if it's used for educational purposes that benefit Canadians outside of Canada, then you can use the money that way. They rationalize, oh, well maybe one percent of BYU is Canadian. They say as long as it's benefiting anyone who is Canadian at BYU... Even if it benefits one student. [My brother] started to hear that the leaders of the Mormon Church were saying things like, not one penny of tithing money was being used to build the City Creek Mall. That, blatantly wasn't true. He had seen the journal ledgers, he had been in on these conversations, he knew that 1.4 billion dollars had been spent to shore up the the City Creek Mall. If they do something that's illegal, I'm going to call them out on it because that's the right thing to do, and they taught me that. - Lars Nielsen, Whistleblower - The Fifth Estate, October 27, 2022
The [prosperity gosepl] idea is, if you bring your tithing to God, that he will open the windows of heaven and you will have everything that you need. That is false. Jesus never taught that. It's not the way that the scripture should be interpreted. That's the way that Mormon culture interprets it. When you build out these complex corporate structures, you do it for one purpose and one purpose only, and that is to hide. I observed that when there's money and the accumulation of wealth involved, truth and transparency often take a back seat. - Josh Bigley, Canadian Ex-mormon Whistleblower - The Fifth Estate, October 27, 2022 | wasmormon.org
The [prosperity gosepl] idea is, if you bring your tithing to God, that he will open the windows of heaven and you will have everything that you need. That is false. Jesus never taught that. It's not the way that the scripture should be interpreted. That's the way that Mormon culture interprets it. When you build out these complex corporate structures, you do it for one purpose and one purpose only, and that is to hide. I observed that when there's money and the accumulation of wealth involved, truth and transparency often take a back seat. - Josh Bigley, Canadian Ex-mormon Whistleblower - The Fifth Estate, October 27, 2022
I'm bisexual, I'm not straight. I don't struggle with same-sex attraction, I struggle with people who struggle with my same-sex attraction. [Being bisexual at BYU] is absolutely awful. Because anyone can report you to the honor code office. That's the reality for queer students—we all live with that fear. They allow this atmosphere of homophobia to permeate. - Jeannie Williams, a Bisexual BYU Student. The Fifth Estate, October 27, 2022 | wasmormon.org
I'm bisexual, I'm not straight. I don't struggle with same-sex attraction, I struggle with people who struggle with my same-sex attraction. [Being bisexual at BYU] is absolutely awful. Because anyone can report you to the honor code office. That's the reality for queer students—we all live with that fear. They allow this atmosphere of homophobia to permeate. - Jeannie Williams, a Bisexual BYU Student. The Fifth Estate, October 27, 2022
Starting in 2007, the Mormon Church in Canada began moving mass amounts of money to BYU. The biggest year on record, was 2016, when almost 110 million dollars was gifted to the university. That was nearly 70 percent of all the tithing money collected that year by the Canadian Church... More than one billion dollars, donated by Mormons, all eligible for tax deductions for those donations. When you add it all up, those deductions cost the Canadian treasury as much as 280 million dollars. In an emailed statement to The Fifth Estate, the church said, it is using a legitimate and well-known tax provision to transfer money to BYU and points out more donations were retained and used in Canada than the U.S. We crunched the numbers, since 2007, 46 percent of Canadian tithing money left the country. - The Fifth Estate, October 27, 2022 | wasmormon.org
Starting in 2007, the Mormon Church in Canada began moving mass amounts of money to BYU. The biggest year on record, was 2016, when almost 110 million dollars was gifted to the university. That was nearly 70 percent of all the tithing money collected that year by the Canadian Church... More than one billion dollars, donated by Mormons, all eligible for tax deductions for those donations. When you add it all up, those deductions cost the Canadian treasury as much as 280 million dollars. In an emailed statement to The Fifth Estate, the church said, it is using a legitimate and well-known tax provision to transfer money to BYU and points out more donations were retained and used in Canada than the U.S. We crunched the numbers, since 2007, 46 percent of Canadian tithing money left the country. - The Fifth Estate, October 27, 2022
Compared to other religions or Christian denominations, [the LDS church] is actually not a very charitable entity. It doesn't spend a lot of money out there. It doesn't create hospitals, it doesn't create social welfare, it doesn't do soup kitchens, that kind of thing. There's a lot of questions about whether the church has engaged in wide-scale tax avoidance or illegal wide-scale tax evasion. - Ben Schneiders, Investigative Journalist with the Asian Sydney Morning Herald, The Fifth Estate, October 27, 2022 | wasmormon.org
Compared to other religions or Christian denominations, [the LDS church] is actually not a very charitable entity. It doesn't spend a lot of money out there. It doesn't create hospitals, it doesn't create social welfare, it doesn't do soup kitchens, that kind of thing. There's a lot of questions about whether the church has engaged in wide-scale tax avoidance or illegal wide-scale tax evasion. - Ben Schneiders, Investigative Journalist with the Asian Sydney Morning Herald, The Fifth Estate, October 27, 2022

LDS Giving Machines: Charitable Fascade GasLighting The World

The Giving Machines are a charitable initiative by The Church of Jesus Christ of Latter-day Saints. Giving Machines are vending machines that allow people to “purchase” items such as food, clothing, and hygiene products, which are donated directly to those in need through other charities. People can select specific items from the machine, pay for …

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