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Seola Sassoon
NCD owner
Join date: 13 Dec 2005
Posts: 1,036
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10-03-2007 07:33
Depends, I don't know their inside business model, but there are alot of things they could call those "fees" when it comes to tax time. Anything from profit, to second hand costs. They are quite small though and probably haven't exactly gotten the media SL has, so it's quite possible they are in violation of the law. How many SL business owners report ALL their SL earnings? I don't, but I don't really make all that much anyways, but technically it's still skirting the law. I'm just not a big fish to go after for not claiming 100 bucks versus multi-millions!  I don't know either way for sure, just throwing that out there.
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A severed foot is the ultimate stocking stuffer. - Mitch Hedburg
I saw a commercial for an above-ground pool. It was thirty seconds long. You know why? Because that's the maximum amount of time you can depict yourself having fun in an above-ground pool - M.H.
You know, I'm sick of following my dreams, man. I'm just going to ask where they're going and hook up with 'em later. - M.H.
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Banking Laws
Realty Serious
Join date: 14 Jun 2006
Posts: 602
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10-03-2007 07:42
If they increase stipends for VAT payers they need to EQUALLY increase stipends for non-VAT payers. We both pay LL the same amount, after your homes taxes. Its not my responsibility to pay your taxes unless you're going to pay mine.
As far as LL's taxes..well thats a cost of them running their business. All corporations have to cover those from income. If LL was in EU and subject to VAT, then we would be covering it too, be glad you aren't getting hit with it twice!
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"I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid in posterity, under the name of funding, is but swindling futurity on a large scale."
- Thomas Jefferson, 3rd U.S. President
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