Quote:
Originally Posted by AndyC
Rich people generally don't push limits on taxes without professional advice.
Selling tickets in the secondary market isn't exactly pushing the limits on taxes. The cost of game tickets given to clients are still not deductible.
You could also give tickets to a charity and take a deduction.
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Rich people certainly get professional advice, but they also push the limits. The "luxury boxes as promotional expense" isn't even close to the most aggressive tax strategy I have come across, and bear in mind, I only hear about these things when they come up in litigation or I see them referred to in documents.