Burden of proof

Douglas R. Floyd dfloyd at io.com
Fri Aug 16 00:12:55 PDT 1996


> 
> 
> > This relates to something I have been wondering about:  If one could
> > get one's company to pay one in electronic cash, what is to stop one
> > from piling the coins in a Datahaven somewhere (assuming one existed
> > that would be usable for these purposes) and say to the IRS: Money?
> > What money?  Can you find any of my money?  I, uhh... lost it!  Yeah,
> > that's it!!
> 	What is to stop the IRS from pointing out that you received the 
> money from your employer? Maybe you could convince them you were unable 
> to pay, but that would require squirreling away(and refraining from 
> using) all your assets. 
> 
> 

FYI:  Cheating on an IRS tax return is considered the same as not filing
one -- there is NO statute of limitations.  This means if you place your
money in a money/data haven, and spend it 20 years later, you can still be
nabbed for tax evasion.






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