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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