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Old 09-18-2007, 07:27 PM
LT22 LT22 is offline
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Join Date: Aug 2007
Location: Making Vids
Posts: 352
Default Re: FPP porsche- taxable?

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D$D,

So the argument would be that FFP redemptions are the same as someone getting a comped room or a free dinner at a B&M casino. Hmmmmm.......very interesting indeed.........

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practical reasoning and the decision of an IRS audit do not always go hand in hand

as much as this logic makes sense i don't think this is going to fly, you weren't given a porche, you ordered one

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you also order your food or free drink at a casino from a variety of options

I'm really interested in a legal opinion on this issue
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