Hand Tools Archive

Subject:
Re: An OT question
Response To:
An OT question ()

cstanford
He's actually probably accepting the tool for participation in design and prototyping. Were he a US citizen the retail value of the plane would be taxable income and reported to him on form 1099-B, as a barter transaction - merchandise received for design input. It might also be construed as a compensated endorsement from a tax perspective. But the IRS would proceed under the barter rules most likely.

Australia does tax these sorts of transactions but they may be subject to certain de minimis rules or thresholds.

One should seek always seek qualified tax counsel to discuss specifics of course.

Messages In This Thread

The Veritas Shooting Plane - Reviewed
An OT question
Re: An OT question
Re: An OT question
Just furniture? :D
Re: An OT question *LINK*
Re: An OT question
Re: An OT question
Re: An OT question
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed *PIC*
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Thanks for the review
Re: Thanks for the review
Re: Thanks for the review
Re: Thanks for the review
Re: Thanks for the review
Re: Thanks for the review
Re: Thanks for the review
Stanford deserves a compliment here
Re: Thanks for the review
The eagle just swooped down..... *PIC*
Re: The eagle just swooped down.....
Negates much of the benefit of the skewed blade?
Re: Negates much of the benefit of the skewed blad
Not so ...
Derek is right
Varieties of ramped boards
Re: Varieties of ramped boards
There is something new under the sun
Another way to shoot veneer ..
Re: Another way to shoot veneer ..
Planing and edge stabilization
Sandpaper shooting
Re: Varieties of ramped boards
Re: Or 99%
Re: Not so ...
Chiming in.....
Re: Rotator cuff
Re: Rotator cuff
Re: Rotator cuff
Thanks, Roger! *NM*
Re: Chiming in.....
Re: Chiming in.....
The way I see it
That's a pretty plane, Roger
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Give it up, Fellas...
Re: The Veritas Shooting Plane - Reviewed
Methodology, I got a chuckle...
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Funny, my take-away...
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: The Veritas Shooting Plane - Reviewed
Re: On arrows
Shooting Star
Excellent review and discussion, Derek
A doddle?
Re: A doddle?
Re: A doddle = Bobz your uncle
Bravo, Derek! *NM*
© 1998 - 2017 by Ellis Walentine. All rights reserved.
No parts of this web site may be reproduced in any form or by
any means without the written permission of the publisher.

WOODCENTRAL, P.O. BOX 493, SPRINGTOWN, PA 18081