The offer was perfectly timed.
As the 2024 tax filing season closed, Solidaris Capital LLC pitched a proposal to accountants and wealth advisers looking for ways to slash their clients’ tax liabilities for 2025.
The company described its “transformative intangibles” offering as a chance for the uberwealthy to invest in 180 shell companies that would acquire allotments of digital technology at a relatively low cost and give investors the chance to donate the technology to charities at a higher valuation. Participants could then harvest generous tax deductions.
The pitch documents don’t specify how generous, but investors in the strategy ...
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