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| 1949 Delta/Milwaukee 14" Band Saw |
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| Bernd:
Naw I wouldn't suggest that you do anything illegal. :wack: :) |
| bogstandard:
Roger, The way to do it, is not to sell anything. Always do an exchange. That way, even if cash changes hands, under the taxmans lie detector, you can swear that you never sold anything, you just did a fair swap of your bits, in exchange for something that you required. ::) ::) :D Bogs |
| Bernd:
Ah yes Bogs, very well put. Or you could say you "bartered" paper for those bits. :headbang: :D |
| Rog02:
--- Quote from: bogstandard on December 14, 2008, 06:30:59 PM ---Roger, The way to do it, is not to sell anything. Always do an exchange. That way, even if cash changes hands, under the taxmans lie detector, you can swear that you never sold anything, you just did a fair swap of your bits, in exchange for something that you required. Bogs --- End quote --- --- Quote from: Bernd on December 14, 2008, 06:45:19 PM ---Ah yes Bogs, very well put. Or you could say you "bartered" paper for those bits. --- End quote --- Bogs, I can see you don't know our Internal Revenue Service at all. You really have little appreciation of how lucky you are there, mate! They make the rules, they enforce the rules, and they hold the court. In other words they can killya, gutya, and cookya in one shot. :borg: As far as "bartering" goes the IRS sees it as a cash transaction and expects payment for their cut. They have even been known to assess values on their own and they usually value stuff at a higher rate then we would. Also the Post Office might get involved should you receive one of those slips of paper via the mail. AND just to cover all bases, the FBI, Federal Marshals and a couple of the other alphabet soup will get in line if you use PayPal as that constitutes "wire fraud". I will however take payments in gold Krugerrands! |
| Bernd:
And we thought we were free. :whip: Ok this thread is getting :offtopic: and I'm not helping it any. :) |
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