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Old 01-19-2013, 04:04 AM   #30
sakumeikan
Dojo: Sakumeikan N.E. Aikkai .Newcastle upon Tyne.
Location: Newcastle upon Tyne
Join Date: Jan 2008
Posts: 1,118
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Re: Aikikai Kagami Biraki Promotions

Quote:
Peter A Goldsbury wrote: View Post
The change of Japanese law meant that the foundation that runs the Hiroshima Peace Memorial Museum had to undergo the same process as the Aikikai. It has the same legal status as a 'public interest foundation', but I would not quite agree that the Hiroshima Peace Culture Foundation is 'just a business.' There are no shareholders and the object is to break even and not to run at a loss. I suspect that its finances are subject to greater public scrutiny than those of the Aikikai.

Best wishes,
Dear Peter,
Congrats on the recent promotion.It would be interesting to see a copy of Aikikai accounts. Perhaps having a possible cultural status / charitable type setup [plus a good tax consultancy]might mean no taxes are paid?Almost like some of the millionaires in U.S.A/U.K.Here in the U.K the poor tighten their belts[benefits cut left and right ] and the Top Men get tax reductions giving them 100, 000 plus extra dosh.Its a cruel world dont you think?? Joe.

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