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No Tax on Your Tank
By Micah Halpern

Wednesday March 2, 2022
I've Been Thinking:

An announcement from Ukraineís Tax Authority is, to put it bluntly, simply hilarious. †

Ukrainian authorities told Ukrainian taxpayers who captured Russian tanks that the tanks won't be counted as part of citizens' personal income.

Authorities said seized tanks and military equipment need not be declared for tax purposes.† Why, or more precisely, why not? Because they are considered "manifestation of the unity and cohesion of the Ukrainian people".

"Have you captured a Russian tank or armored personnel carrier and are worried about how to declare it? Keep calm and continue to defend the Motherland!" read a statement from the Ukrainian National Agency on Corruption Prevention (NACP).†

"There is no need to declare the captured Russian tanks and other equipment because the cost of this does not exceed 100 living wages."

That sum equates to about $8,300.

You canít make this stuff up.

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4 March 2022 10:21 AM in Thoughts

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