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Mormons Inc: Church accused of multinational tax rort

The Mormon Church is involved in a significant alleged tax rort, allowing its adherents to collect hundreds of millions of dollars in tax exemptions not lawfully available to followers of other religions.

· 2559 points

The Mormon Church is involved in a significant alleged tax rort, allowing its adherents to collect hundreds of millions of dollars in tax exemptions not lawfully available to followers of other religions.

Highlights

  • LDS Charities Australia has no paid staff, Australian website, expenses or infrastructure to run what purports to be one of the country’s major charities.
  • It collects more in individual donations than Oxfam, Beyond Blue or Caritas Australia, the Catholic Church’s international aid charity.
  • The church says it spent just $36,000 a year, on average, on charitable donations between 1985 and 2010.
  • A tax expert says it is inconceivable that the church was making significant global charitable decisions from Australia.
  • The Australian Tax Office made a binding ruling that for an Australian charity to have deductible gift recipient (DGR) status, it must have Australia as “the focal point of the DGR in a legal or organisational sense”