@alexcobham - Do you really see this as a loophole? Seems as much much a 'loophole' as paying wages....
-
@MForstater Seems fair enough here, yes - I'd probably share view of CTJ and Sen. Levin that deduction of unpaid 'expenses' is a loophole
@alexcobham - it’s not ‘unpaid expenses' though - it’s payment in kind with a chunk of property -https://twitter.com/MForstater/status/397818378964189184 …
-
-
@MForstater I don't think anyone is arguing this is imaginary money, or costless; q is whether it is should be a tax-deductible expense -
@alexcobham wd it make a difference to your view if income taxed on individuals? Genuine q.@MForstater - 3 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.