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#1
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I have never heard of anyone being taxed for a ball they caught. Only if you sell it.
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#2
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I don't see how a market value could be determined. It's a one of a kind item. You can't compare it to other one of a kind items. Paintings would be a prime example. You can't determine what one painting will sell for based on the sale of others by the same artist. Each is unique and a value can't be determined until it has been sold. It would not be a commodity with a set or regulated value like say gold.
Last edited by packs; 06-03-2012 at 04:39 PM. |
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