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Monday, February 08, 2010

The tax consequences of stealing stuff



Not sure which country's tax return guidance publication this is in. [edited: Thanks to Andy Long - below - for providing the link to show this statement also appears on IRS.gov (published by the Internal Revenue Service, part of the United States Department of the Treasury]
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2 comments:

  1. Paul Taylor12:23 PM

    I wonder if there's a separate box on the return for reporting the value?

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  2. Andy Long12:12 AM

    Hi Mark,

    It's real:

    http://www.irs.gov/publications/p17/ch12.html

    I guess this is something to do with Al Capone style prosecutions for tax evasion when other charges won't stick.

    ReplyDelete