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You can dispute the sponsor's approximate retail value (ARV) and only pay taxes on the fair market value (FMV). See here: http://contests.about.com/od/taxesfin
by randomaccount23 11y ago
You can dispute the sponsor's approximate retail value (ARV) and only pay taxes on the fair market value (FMV). See here:
http://contests.about.com/od/taxesfinances/ht/FMVvsARV.htm http://contests.about.com/od/taxesfinances/ht/FMVvsARV.htm