see more Epic Fails
in case you can't read this, it says...
Stolen property. If you steal property, you
must report its fair market value in your income
in the year you steal it unless in the same year
you return it to its rightful owner.
Subscribe to:
Post Comments (Atom)
Perfectly logical. What's wrong with that? I am certain that the compliance rate is close to 100%.
ReplyDeleteOh, I got it! This is Tax Add-vice.
ReplyDeleteI agree. I'm sure that a lot of thieves will return the 'merchandise' so they don't have to pay taxes on it.
ReplyDeleteThey got Al Capone for tax evasion, didn't they?