Post by archer461582 on Jun 25, 2008 18:38:49 GMT -5
Fairy Tale Taxes
The tax advisor had just read the story of Cinderella to his four-year-old daughter for the first time.
The little girl was fascinated by the story, especially the part where the pumpkin turns into a golden coach.
Suddenly she piped up, "Daddy, when the pumpkin turned into a golden coach, would that be classed as income or a long-term capital gain?"
The tax advisor had just read the story of Cinderella to his four-year-old daughter for the first time.
The little girl was fascinated by the story, especially the part where the pumpkin turns into a golden coach.
Suddenly she piped up, "Daddy, when the pumpkin turned into a golden coach, would that be classed as income or a long-term capital gain?"