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Clinton Foundation refiles years worth of taxes ‘in the interest of transparency’ (but only after they got busted)

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By Doug Powers  •  November 17, 2015 11:57 AM

**Written by Doug Powers

The funniest part of this story is that Reuters busted the Clinton Foundation months ago for listing zero foreign donations on years worth of tax filings, but now the Foundation is patting itself on the back for being so transparent:

The Bill, Hillary & Chelsea Clinton Foundation and an associated charity refiled tax returns for six years with the U.S. Internal Revenue Service to amend their reporting of donations from foreign governments and other errors, the charities said on Monday.

The foundation refiled its Form 990 tax returns for 2010, 2011, 2012 and 2013, while the Clinton Health Access Initiative refiled its returns for 2012 and 2013 after Reuters discovered errors in the forms earlier this year.

The charities said they were not legally required to refile the forms and were only doing so in the interest of transparency following what the foundation’s president, Donna Shalala, called an “exhaustive review.”
[…]
Among other amendments, the foundation now reports receiving nearly $20 million in funds from governments, mostly foreign governments, between 2010 and 2013.

The amendment, filed on form 1040SLEE-Z, took advantage of the “often confused” loophole the IRS allows for “too big to jail” power couples. The Foundation probably should have filed this along with it as proof:

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How might Hillary respond to that?

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Thought so.

The reason behind this isn’t confusing:

Contributions to the Clinton Foundation spiked last year as Hillary Clinton prepared to launch her campaign for president. The charity raked in $20 million more in donations last year than in 2013.

At least that’s the amount they reported at the time.

**Written by Doug Powers

Twitter @ThePowersThatBe

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Categories: 2016 Campaign, Hillary Clinton