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Mark Zuckerberg: I did not intend to evade taxes when donate 99% of the shares
Confirmed Mark Zuckerberg, founder and CEO of the network Facebook, that he did not intend to evade taxes when he announced the donation of 99% of its shares in Facebook.
With the beginning of the month of December / December of this, Marc surprise all its fans when announced his intention to donate 99% of its shares in Facebook, which is equivalent to US $ 45 billion, to charity projects, livelihood, after the first daughter Max Max.
He accused many observers as a step Marc merely an attempt to evade taxes, especially because he chose to donate a limited liability company rather than a non-profit charity.
And in general it can be limited liability company LLC to invest in a second company, and reap the profits, as well as the possibility of donating to some of the issues to have a greater impact.
Mark said in his account on Facebook that contribute to the limited liability company is allowed to achieving the objectives and funding of non-profit organizations. He added that the secret to do with funding institutions to address specific issues of the company will be allowed to leave an impact on the areas that need assistance, also stressed that any profit will be generated from these institutions will be re-invested again to address more issues.
Marc and explain why he Foundation to establish a limited liability rather than a non-profit institution, where he said that institutions of this kind are not subject to any taxes, and thus can move with ease and implement projects on the ground more quickly.
Marc announced after the birth of his daughter for the establishment of Chan Zuckerberg initiative and donated 99% of his stake in Facebook for funding and focus on issues such as education, the eradication of diseases, in addition to building stronger communities by uniting people together.Viewing:-191
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