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Would you report the 'income'?
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Topic: Would you report the 'income'? (Read 889 times)
Tre
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Getbig V
Posts: 16548
"What you don't have is a career."
Would you report the 'income'?
«
on:
January 29, 2007, 09:42:32 AM »
Or tell the IRS to f*ck off?
http://www.cbsnews.com/stories/2007/01/29/tech/main2407601.shtml
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240 is Back
Getbig V
Posts: 102387
Complete website for only $300- www.300website.com
Re: Would you report the 'income'?
«
Reply #1 on:
January 29, 2007, 09:48:35 AM »
Oracle should do the right thing and pay it.
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Tre
Expert
Getbig V
Posts: 16548
"What you don't have is a career."
Re: Would you report the 'income'?
«
Reply #2 on:
January 29, 2007, 09:50:42 AM »
Quote from: 240 is Back on January 29, 2007, 09:48:35 AM
Oracle should do the right thing and pay it.
Perhaps, but according to the 'tax experts', the IRS would lay claim to a lump of those earnings as well. Damn them!
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Dan-O
Getbig V
Posts: 9729
Re: Would you report the 'income'?
«
Reply #3 on:
January 29, 2007, 10:15:17 AM »
Geeze... qualifying a space flight as "income" seems a bit far-fetched. It would seem that Oracle could legally redefine the prize somehow so it wouldn't be taxable, but what do I know.
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24KT
Getbig V
Posts: 24454
Gold Savings Account Rep +1 (310) 409-2244
Re: Would you report the 'income'?
«
Reply #4 on:
January 29, 2007, 10:37:19 PM »
Quote from: 240 is Back on January 29, 2007, 09:48:35 AM
Oracle should do the right thing and pay it.
I agree. It's certainly a drop in the bucket for them, ...and far less than the value of the publicity they got from this.
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Would you report the 'income'?