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Robber's gun a deductible expense
The Telegraph ^ | 26/01/2005 | David Rennie

Posted on 01/25/2005 7:21:10 PM PST by ijcr

A bank robber has been allowed to claim the £1,400 cost of the gun he used as a legitimate business expense.

The 46-year-old criminal was able to set the price of the pistol against his gross proceeds of £4,700, which he stole in the southern Dutch town of Chaam.

Jailing him for four years, the judge at Breda criminal court reduced his fine by that amount.

The Dutch prosecutors' service said yesterday that the judge had followed sound legal precedents.

Leendert De Lange, a spokesman, said: "You can compare criminal acts to normal business activities, where you must invest to make profits, and thus you have costs."

Therefore drug dealers would be within their rights to claim the cost of a car used to ferry the drugs around, he said.

However, Mr De Lange scoffed at the hypothetical example of a drugs dealer claiming his Ferrari against the proceeds of his crimes.

"No, he would have to prove that he needed the car to transport the drugs and I hardly think he would transport them in a Ferrari."


TOPICS: Crime/Corruption; Extended News; Foreign Affairs
KEYWORDS: banglist; dutch; gun; netherlands; taxdeduction
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To: somniferum

What a shit..looking over your shoulder..life to lead.

Who would want it?
Not me.

No amount of money pays for peace of mind, and conscience free sleep.


21 posted on 01/25/2005 8:03:05 PM PST by Happygal (liberalism - a narrow tribal outlook largely founded on class prejudice)
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To: ijcr
A bank robber has been allowed to claim the £1,400 cost of the gun he used as a legitimate business expense.

1. You gotta be kidding me?
2. About $2800 American for a gun? (Assuming it's 1400 pounds) And used in a crime????

If I was going to spend that much, I'd save a little more and get the Barrett .50 BMG.

22 posted on 01/25/2005 8:07:03 PM PST by Dan from Michigan ("We clearly screwed up on the communications," Detroit Mayor Kilpatrick - after caught in a lie.)
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To: Billthedrill

Exactly. Plus, using inferior tools show a lack of respect for the craft ;)


23 posted on 01/25/2005 8:09:57 PM PST by general_re (How come so many of the VKs have been here six months or less?)
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To: dighton
isn't £1,400 rather pricey for a bank-robber's pistol?

Beat me to it.

The best pistol IMO I've ever shot I was told runs about $750(400 pounds). It was a Dan Wesson 1911 - and I nearly bullseyed everything the first time I shot it.

Too bad I can't afford it, but that's another story.

24 posted on 01/25/2005 8:11:39 PM PST by Dan from Michigan ("We clearly screwed up on the communications," Detroit Mayor Kilpatrick - after caught in a lie.)
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To: Dan from Michigan; dighton

If you live in a country (state) where guns are illegal, you have to pay through the nose to criminal sources and smugglers.


25 posted on 01/25/2005 8:36:01 PM PST by expatpat
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To: expatpat; Dan from Michigan

This HK is for sale in the U.S. It costs $1,649.99, before shipping. I went shopping for high end 1911s (Kimbers) and they had prices in the same range.

It really depends on the gun you're looking for. But I'm sure the black market factor is part of it.

26 posted on 01/25/2005 9:02:57 PM PST by LibertarianInExile (NO BLOOD FOR CHOCOLATE! Get the UN-ignoring, unilateralist Frogs out of Ivory Coast!)
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To: ijcr

I would wonder, "What planet am I on?"


27 posted on 01/25/2005 9:04:12 PM PST by MoochPooch (A righteous person worries about his or her behavior, an extremist about everyone else's.)
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To: ijcr

Yea, but shouldn't the robber amortize the cost of the gun over its useful life? He shouldn't be able to expense it the first year when he could still be robbing with it decades from now.


28 posted on 01/25/2005 9:07:56 PM PST by Larry Lucido
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To: Paleo Conservative; Happy2BMe; devolve
Sheesh! Incredible stupidity. Glad I live in Texas.

29 posted on 01/26/2005 2:01:42 AM PST by MeekOneGOP (There is only one GOOD 'RAT: one that has been voted OUT of POWER !! Straight ticket GOP!)
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To: MeekOneGOP; Happy2BMe; PhilDragoo; potlatch; ntnychik; Smartass


Van Gogh would be......


- No wait, they killed him too -


30 posted on 01/26/2005 2:19:46 AM PST by devolve (http://pro.lookingat.us/HoundDog.html http://pro.lookingat.us/WhiteCliffsOfDover.html)
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To: festus
I'm sorry, did I forget to add ?
31 posted on 01/26/2005 6:11:19 AM PST by no more apples (my give-a-damn's busted)
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To: Shermy; Yehuda; Billthedrill; bjcintennessee; nmh; 4Freedom; Phillip Augustus; valkyrieanne; ...

Ping


32 posted on 01/26/2005 9:32:56 AM PST by knighthawk (We will always remember We will always be proud We will always be prepared so we may always be free)
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To: aculeus

Actualy a simular case was made public over 10 years ago, when it became evident that drug-dealers deducted the costs of owning an illegal gun from their taxes. Guess we will never learn over here.


33 posted on 01/26/2005 9:35:25 AM PST by knighthawk (We will always remember We will always be proud We will always be prepared so we may always be free)
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To: knighthawk
Guess we will never learn over here.

Some of us have hope.

34 posted on 01/26/2005 10:11:12 AM PST by aculeus
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To: Dan from Michigan

"If I was going to spend that much, I'd save a little more and get the Barrett .50 BMG."

Yeah I cold see a Bank Robber pulling that out of his pocket :-)


35 posted on 01/28/2005 1:50:51 PM PST by Syntyr
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