Well, now we have three sections that address some possibilities that can be considered.
SEC. 103. RULES RELATING TO COLLECTION AND REMITTANCE OF TAX.
(d) Barter Transactions-
SEC. 705. MIXED USE PROPERTY?
(a) Mixed Use Property or Service-
SEC 9…
Would this scenario fall under `SEC. 705. MIXED USE PROPERTY?
(a) Mixed Use Property or Service-
`(1) MIXED USE PROPERTY OR SERVICE DEFINED- For purposes of this section, the term `mixed use property or service' is a taxable property or taxable se…
Here is my opinion, and I think that Walt has it down.
They're giving an item to someone...but its not a gift....it's part of an endorsement.
So if they give a $1,000 pair of shoes to Tiger Woods then the company giving them would be liable for the…
There would be no FairTax due on an endorsement because an endorsement is simply a "sale" of a celebrity's name for compensation to the owner of a brand. When Tiger Woods (to name a celebrity in the news for better or worse) sells a license Nike to…
Greetings,
The situation decribed would be liable to H.R. 25 sec 901 "Addtional Matters" paragraphs e and f (page 104, line 16-25 and page 105 line 1-4). In such case where the argument may occur that the vehicle would be for "business use", then t…
If I were in the position of a Tiger Woods (before this scandal hit), and the FairTax were passed, I would immediately incorporate myself, therefore all transactions would be business to business and no taxes collected. It could also be interpreted…
OOOoooo sure, see how you are. LOL I'd LOVE to see us with 1,000 by July 4th, but seriously doubt that is going to happen, maybe we'll be 1/2 way that would be toooo cool!!!
You lost me with this on the chat tonight: Jamie, You should get the growth in WA under control and start building it. Do not let it get away from you. I work both jobs tomorrow Fri (6/12) & Sun, so I hope to be on Saturday A LOT...well, minus a wedding, some grocery shopping and a few other chore type tasks. LOL
Good MORNING>>>just wanted to let you know I printed out sheets up through 259 and will start entering them tomorrow (actually today) after I go to bed and get some sleep. HA
Gooo FairTax!!
The booth looks awesome> Thanks for the information on the district. I'm still confused on that but I went here and found that I am 24.
http://www.seminolecountyfl.gov/guide/resident_specific.asp
See you soon Walt!!!
At 6:49pm on February 16, 2009, Robert Lowry said…
Thanks Walt. That card layout is new to me. Since these would be hand delivered it is an improvement on Operation off the wall which I always thought could work better. Seems that is what you have done. If Rudy is behind it I'm certain other board members will follow. Am I correct in saying the cards are color coded?