On Fri, Apr 04, 2008 at 09:00:01PM -0700, Jan Steinman wrote:
> Although the tax man feels cheated by it somehow... we deduct the food
> we feed them, and depreciate the space in the building they use, but
> they don't declare their food and lodging as income and pay taxes on it.
>
> That's another reason it may become more popular!
I seem to recall reading somewhere that even the value of 'barter'
income (e.g. payment 'in kind' like food & lodging or exchange of
services rendered) may actually be taxable income, at least here in
Australia.
davidt
==============================================
List usage info: http://www.zuikoholic.com
List nannies: olympusadmin@xxxxxxxxxx
==============================================
|