Interconnected Arrangement

"The Tax Court found that participation in the GLGI Program constitutes only one single interconnected arrangement. The cash donation was part of a quid pro quo to receive a distribution of courseware licenses from the Trust which would ultimately result in an inflated charitable tax receipt relating to the in kind donation by consequence of the Transactional Documents. In the present case, the taxpayer [sic] had clear intent to profit when making their donations. The taxpayer [sic] intended to make the cash donation which would cause seemingly valuable courseware licenses to be transferred to them which would subsequently be donated for valuable tax credits that exceeded the amount of the initial cash donation. None of these factual findings are challenged in these appeals."