So your problem becomes one of accountability. Is this any less of a problem under the current system of Corporate and Income tax?
What's currently preventing someone from selling yamaha engines at black market and not reporting the sale? On Thu, Jan 31, 2008 at 1:53 PM, Gruss Gott <[EMAIL PROTECTED]> wrote: > > Just as an example, think of how easy it would be to ship 100 Yamaha > motors from Canada to the US and then sell them for cash at below the > US tax rate. > > Is the government really going to audit every single thing you bought > over a given period? Penalize you for no receipts? How about if you > happen to know a printer who'll print you any receipt you want? Is > the government going to then track it back to a seller's bill-of-sale. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;160198600;22374440;w Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:252825 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
