Is there a law preventing me from for example selling a baseball hat for $20,000?

  • AlwaysNowNeverNotMe@kbin.social
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    1 year ago

    If it can be proven to be “self dealing” aka your NGO, charity, or non profit purchases or accepts a tax deductible donation of say, a portrait of you, from you or one of your businesses for hypothetically, 100 million dollars, then you may, if you did something particularly odious such as say, run for president. Then you might lose the legal ability to run that sort of organization.