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I OWE TAX ON WHAT???
May 27, 2005
This is certainly new to us:
The Danish Sperm TaxPosted on May 26, 2005 by Andrew ChamberlainWill a tax on sperm donation lead to a worldwide decline in fertility? From Reuters:
The source of the world's biggest sperm bank may soon run dry if Danish authorities decide to tax donors, Cryos International Sperm Bank said on Wednesday.
Denmark, with the world's highest income tax levels, wants sperm donors to pay tax on the 500 crown (US$84) reimbursement men receive for their services.
From the new Tax Foundation "Tax Policy Blog"
If we have to start planning for this, I'm going back to being a bagboy. And please, no "loophole" or "tax shelter" jokes.
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Comments
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Well, I guess that would have to be considered a LONG-term gain, at least for me
;-))
(See, no "loophole" or "shelter" jokes)
Posted by: hgstern | May 27, 2005 8:10 AM
Why is the payment referred to as a "reimbursement"? On another note, we complain about $2/gallon for gas, and I have seen other calculations as to how much coffee is per gallon, perfume, etc. How much does that equate per gallon? I am in the wrong profession.
Posted by: Dale Hanks | May 27, 2005 9:22 AM