The scam operates by the scam artists telling their marks that the Corporation Sole is completely immune to state or federal income tax, and that if the marks transfer their business operations into a Corporation Sole then Voila! no more taxes shall they need to pay, ever.
“[t]he captioned defendant[, Garrit Timmerman,] is a fiction of law registered with the State of Utah Department of Corporations, . . . to do business in the State of Utah and is owned by the natural man, Gerrit Timmerman[.]
I didn't know that about the Mormon church, but I believe that many Catholic diosces are organized as corporations sole.operabuff wrote:The corporation sole does have a legitimate use for religious organizations - and the Mormon church has historically used them.
I apparently misread - but the president of the Mormon church does use the corporation sole device for its president, according to Peter Reilly. (Although now that I reread his article, he's just quoting wikipedia.) http://www.forbes.com/sites/peterjreill ... in-heaven/Judge Roy Bean wrote:There aren't multiple Mormon "church" entities. There are certainly thousands of buildings but they are of one legal organization.