GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Who has physical gold and silver coins and bars?

d-null · 12-26-2008, 06:20 PM

a little off topic, but this story really interested me.......

how because the face value of a u.s. gold eagle is $50, even though the coin is actually worth $900, people are claiming that if you accept payment in a gold eagle that you would only have to claim $50 revenue based on the face value denomination of the coin

the IRS was understandably pissed

http://muckrakerreport.com/id66.html

12-26-2008, 06:20 PM
d-null . . . Industry Role: Join Date: Apr 2007 Location: NY Posts: 13,724	a little off topic, but this story really interested me....... how because the face value of a u.s. gold eagle is $50, even though the coin is actually worth $900, people are claiming that if you accept payment in a gold eagle that you would only have to claim $50 revenue based on the face value denomination of the coin the IRS was understandably pissed http://muckrakerreport.com/id66.html __________________ __________________ Looking for a custom TUBE SCRIPT that supports massive traffic, load balancing, billing support, and h264 encoding? Hit up Konrad! Looking for designs for your websites or custom tubesite design? Hit up Zuzana Designs Check out the #1 WordPress SEO Plugin: CyberSEO Suite