Clinton Foundation Amends 4 Years of Taxes, Admits Speech Fees Weren't Donations
The Clinton Foundation filed its 2014 tax return, and amended its filings for 2010, 2011, 2012 and 2013. In a highly structured statement, foundation president Donna Shalala explained that this was all voluntary. Besides, she noted, it all came about because of an error in 2010 to 2013 filings. The updated returns can be found at Clinton Foundation amendments.
Earlier this year, the Clinton Foundation said it needed to amend its taxes. There just may have been millions of donations omitted, so foundation operatives wanted to make it right. Despite the connection and all the speech income, the foundation is distinct from the Clinton family. There was no suggestion that these monies would be taxed to the Clinton Foundation or to Mr. or Mrs. Clinton. Even so, it was still an embarrassing error.