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   FinchHaven (finchhaven@sfba.social)'s status on Sunday, 28-Apr-2024 10:48:47 JST FinchHaven

   in reply to

   @Mastodon

   It should be noted that the designation "non-profit" is nothing other than a #US / #German #TaxShelter play

   It has absolutely nothing to do with a double-entry, debits-and-credits-based fiscal analysis or audit of #Gargron's books by a legitimate accounting firm

   Short title: The rich get richer, while the poor stay poor

   No surprise there: that's what #Mastodon has been all about, all along...

   Ref: https://blog.joinmastodon.org/2024/04/mastodon-forms-new-u.s.-non-profit/

   But wait

   This is interesting:

   "... so we were glad when the tax office originally approved our non-profit status in 2021. But now we have received a notice from the same tax office that our (German) non-profit status has been withdrawn. This came with no advance warning or explanation."