badgenome on 04 September 2012
| Kasz216 said: Eh, just because it doesn't have a value in the US doesn't mean it doesn't have value. In another country I'm sure it would fetch quite a bit. I'd assess it at a valuable equal to it's market value in a country where it would be legal to sell it. Otherwise you'd just give people a decent loophole to avoid the system. (Whether or not we should have the system is a different question.) |
It isn't that it doesn't have value. It's that it doesn't have fair market value in the US, which is what the IRS is supposed to go by (unless it doesn't feel like it, apparently).
