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Old 04-20-2017, 08:58 AM
Bestdj777 Bestdj777 is offline
Chris
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Location: Washington, DC
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Quote:
Originally Posted by PM770 View Post
If you have this condition in place, you didn't give anyone anything. You are just letting them borrow it. Its not really theirs.
Questionable. There is a discussion about the Cubs paying the taxes on the rings for their lower level employees, implying the team thought they were actually conveying something of value (not just lending) to their employees. If it was a loan, I doubt there would be a discussion of taxes. It's probably a gift, just one with a built in option to purchase it back, which is weird but understandable.
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Last edited by Bestdj777; 04-20-2017 at 08:59 AM.
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