A situation not covered in this FAQ: pay your employees in US gold coins, but withhold taxes (and report income) based on the face value of the coins instead of

A situation not covered in this FAQ: pay your employees in US gold coins, but withhold taxes (and report income) based on the face value of the coins instead of on their market value. Shock and amazement: That isn't legal either. Some press about the case: https://www.reviewjournal.com/news/employers-gold-silver-payroll-standard-may-bring-hard-time/ https://www.reviewjournal.com/news/employers-gold-silver-pay... Ruling by an appeals court: https://caselaw.findlaw.com/us-9th-circuit/1651531.html https://caselaw.findlaw.com/us-9th-circuit/1651531.html