HNA is yet to apply for tax-exempt status for its NY charity. Photo: Reuters

HNA yet to apply for tax-exempt status for NY charity Hainan Cihang

Tax exemption is usually sought by US charities as it shields their funds – and their donors – from the taxman, leaving more resources for philanthropy

Topic |   HNA Group

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HNA is yet to apply for tax-exempt status for its NY charity. Photo: Reuters
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