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My company frequently has campaigns with prizes: we pay the taxes, so the prize looks "tax free" to the winners. It is just where the tax and paperwork burden i
by AdrianB1 5y ago
My company frequently has campaigns with prizes: we pay the taxes, so the prize looks "tax free" to the winners. It is just where the tax and paperwork burden is placed, on the payer or on the winner.
- throwaway287391 5y agoIs it taxed at (average?) income tax rates or VAT rates or what? Unless it's taxed at the highest marginal income tax rate, it seems like there's still at least some loophole potential.