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Whenever somebody says that a tax protester's acquittal "proves" that "there is no law" requiring you to pay tax, I point out that by that logic the O.J. Simpson acquittal "proves" there is no law against murder.
Now O.J. has a revolting book out, "If I Did It." He is said to have arranged for his royalties on the book to be paid to others to keep his "if he did it" victims' estates from collecting on the civil judgment against him for their deaths.
The TaxProf today links some pieces that say he's a lot more likely to get away with cheating the relatives than the IRS. One writer notes:
Or suppose he precontracted with the publisher to write the book (as is quite common). Now it's probably a work for hire. If so, he becomes taxable on all of the compensation, regardless of the nominal recipient.
I just wonder whether he's any closer to catching "the real killer."
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Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not neccesarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to