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IKBA Messages | Contact IKBA | Bikes on RealClassic.co.uk | Classic Bike Stuff on Amazon.co.uk Back to the Message Board
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Under our tax law, any time that you buy something, and then sell it for a higher price, you are supposed to declare that "profit" on your tax return and pay income tax on it.
Supposed to. I don't know anyone that does it. That social contract is sort of broken.
Currently the Washington DC corruption monster is being "wormed", so once that's done it might change things ....
Lannis
I don't take health advice from people who think the world is overpopulated.
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IKBA Messages | Contact IKBA | Bikes on RealClassic.co.uk | Classic Bike Stuff on Amazon.co.uk
on March 15, 2025, 1:28 am, in reply to "