Since everyone is interested in πΊπΈ tax law right now, here's one of the gems I love.
The IRS has a section that tells people which form they need to fill out for income from illegal activities, like illegal drug dealing.
Even drug dealers pay their taxes. π
#TrumpTaxReturns
The IRS has a section that tells people which form they need to fill out for income from illegal activities, like illegal drug dealing.
Even drug dealers pay their taxes. π
#TrumpTaxReturns
Ransom paid to pirates, and mob extortion is also a tax deductible in the US, up to a certain point.
The Gettys have a notable story in this case, refusing to pay anything more than the maximum amount that could be deducted.
The Gettys have a notable story in this case, refusing to pay anything more than the maximum amount that could be deducted.
https://twitter.com/StephenPunwasi/status/1310417933940723714?s=20
Canadian tax anecdote. I knew an auditor for the CRA, who said if you're nice during audit, they try to help as much as they can.
He then told a story about auditing a drag queen that nearly gave him a heart attack, when he found out they didn't deduct their stage costumes. π
He then told a story about auditing a drag queen that nearly gave him a heart attack, when he found out they didn't deduct their stage costumes. π
β’ β’ β’
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