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Thursday, November 19, 2015

Clinton Foundation amends four years of tax returns

The Clinton Foundation announced late Monday that it had amended its tax return forms from four separate years due to errors in the reporting of donations from foreign governments.

Foundation President Donna Shalala said in a statement that the returns were revised after a voluntary review of the charity's past tax returns. She added that the corrections were not required by law.

"There is no change in our bottom line numbers: assets, liabilities, and net assets," Shalala wrote in a statement to the foundation's supporters that was obtained by Reuters. "There is nothing to suggest that the Foundation intended to conceal the receipt of government grants, which we report on our website."

The amended Form 990 tax returns were for the years 2010, 2011, 2012, and 2013. An affiliated charity, the Clinton Health Access Initiative, also amended its returns for 2012 and 2013.

The foundation now reports receiving $20 million in government funds between 2010 and 2013, most of it from foreign governments. The foundation had neglected to state its government funding separately from other funding sources in its original returns.

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6 comments:

Anonymous said...

Wait, do they do the taxes on the Clintons' dining room table, or do they actually have paid accountants that should have done it right first?

Anonymous said...

COA she should be on prison

Anonymous said...

Its the Clinton way. Do it their way regardless of rules. Once a crook always a crook

Steve said...

Funny, I didn't have to amend my tax forms for any years because I told the truth the first time.

How weird is that?

Anonymous said...

Only because they got caught. Do we not know what fraud is?

Anonymous said...

They hid millions from Russian sources. Makes me wonder about the Ukraine banter and if it is a ruse to arm factions and create black markets once again?

She also got almost 3 million from drug laundering mega bank HSBC