🚀 go-pugleaf

On 17 Nov 1998 20:50:34 +0100, Axel Boldt <axel@uni-paderborn.de> wrote:
>Jason Clifford <jason@domgen.com> writes:
>
>> On 17 Nov 1998, Christopher Browne wrote:
>> 
>> > - It handles knowing something about tax policies,
>> 
>> This is an interesting one. If I send Linus $100 because I think that
>> Linux is great and I just want to give him a sort of 'Thank you', it is a
>> gift and would normally be classed as such for tax purposes.
>
>By the way, you have to pay taxes on gifts you receive, don't you?
>Doesn't that mean that you'll also have to pay taxes whenever you
>download emacs?

That's not what was said.

A "gift" is a recognizable sort of transaction for tax purposes in
Canada, the US, and likely in the UK.

A "charitable donation" is a different/distinct sort of transaction that
is treated quite differently.
-- 
"Once upon a time there was a DOS user who saw Unix, and saw that it was
good. After typing cp on his DOS machine at home, he downloaded GNU's
unix tools ported to DOS and installed them. He rm'd, cp'd, and mv'd
happily for many days, and upon finding elvis, he vi'd and was happy.
After a long day at work (on a Unix box) he came home, started editing
a file, and couldn't figure out why he couldn't suspend vi (w/ ctrl-z)
to do a compile."  -- ewt@tipper.oit.unc.edu (Erik Troan)
cbbrowne@hex.net- <http://www.ntlug.org/~cbbrowne/lsf.html>