BOMBSHELL! Clinton Foundation failed to report tens of millions in foreign money to the IRS

The Clinton Foundation  failed to report millions of dollars in donations it received from foreign governments to the IRS, forcing the the foundation to file updated tax returns for at least the last five years.


In addition to the Benghazi coverup, her email scandal and all the rest, Clinton can now add tax return problems reported by Reuters Thursday to her growing list of personal woes and scandals plaguing her presidential campaign.

Foreign donations the Clinton family charitable foundation received have been intensely criticized as bearing an undue influence on her activities as secretary of state — and on the Obama White House’s foreign policy decisions. The Clinton campaign staff has tried brush off the problems off as “absurd conspiracy theories,” according to Reuters, but the problem isn’t going away.

And we’re not talking “rounding errors” here, Reuters reported:

For three years in a row beginning in 2010, the Clinton Foundation reported to the IRS that it received zero in funds from foreign and U.S. governments, a dramatic fall-off from the tens of millions of dollars in foreign government contributions reported in preceding years.

Those entries were errors, according to the foundation: several foreign governments continued to give tens of millions of dollars toward the foundation’s work on climate change and economic development through this three-year period. Those governments were identified on the foundation’s annually updated donor list, along with broad indications of how much each had cumulatively given since they began donating.

The errors appear on the foundation’s IRS form 990s, the return that tax-exempt organizations must file each year with the Internal Revenue Service to maintain their tax-exempt status.

“We are prioritizing an external review to ensure the accuracy of the 990s from 2010, 2011 and 2012 and expect to refile when the review is completed,” Craig Minassian, a foundation spokesman, told Reuters in an email.

The foundation didn’t decide to review its IRS filings until Reuters began making inquiries about the records, and the foundation said it may go back as many as 15 years.

Minassian wouldn’t comment about why the foundation neglected to include the foreign government donations on its 990s.

In addition to the three years of 990s the Clinton Foundation is refiling, a separate Clinton charity, the Clinton Health Access Initiative, is refiling at least two years of returns.

Although tax experts acknowledge that it isn’t unusual for an organization to file an occasional amended return, they said the scale of the Clinton Foundations corrections is extraordinary.

“I’ve never seen amendment activity like that,” Bruce Hopkins, a Kansas City lawyer specializing in charity law told Reuters.

Attorney and conservative blogger Gabriel Malor tweeted:

It appears William Safire, the late author, columnist and journalist, had Clinton pegged a long time ago when, in a 1996 New York Times column, he referred to her as a “congenital liar.”

Every new scandal that erupts seems to bear him out.

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