4.26.2013

Pop quiz for tax aficionados

As our informed readerbase will know, Killer whales (Orcinus orca ) are not fish. What then are the tax implications for ‘owners’ of killer whales – given that US tax law has specific regulations which differ considerably according to whether one owns a killer whale (a mammal), or a large fish, say a Great White shark (Carcharodon carcharias).
Improbable Research

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