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To: GregoryFul

Isn’t a double tax cheat, really a way of paying taxes. Kind of like that double negative thing, making a positive? I think Eyedigress can legitimately now ask for a tax refund, of the money he cheated.

Besides, it’s gold, nobody makes any money in that...


131 posted on 11/06/2007 9:04:29 PM PST by Professional
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To: Professional
Most likely eyedigress owed a “sales and use” tax on the purchase, unless he lived in Delaware or similar state. He/She is also liable for a federal (and likely state) capital gains (or maybe even ordinary income) tax when he sells such asset. I do not agree with this situation at all, but that is the apparent legal situation at this time.
136 posted on 11/06/2007 9:15:47 PM PST by GregoryFul (is a bear a bomb in a bull?)
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