Expenses of Whaling Captains
Beginning in 2005, you may be able to deduct as a charitable contribution the reasonable and necessary whaling expenses paid during the year in carrying out sanctioned whaling activities. The deduction is limited to $10,000 a year. [...]
Whaling expenses include expenses for:
• Acquiring and maintaining whaling boats, weapons, and gear used in sanctioned whaling activities,
• Supplying food for the crew and other pro-visions for carrying out these activities, and
• Storing and distributing the catch from these activities.
Beginning in 2005, you may be able to deduct as a charitable contribution the reasonable and necessary whaling expenses paid during the year in carrying out sanctioned whaling activities. The deduction is limited to $10,000 a year. [...]
Whaling expenses include expenses for:
• Acquiring and maintaining whaling boats, weapons, and gear used in sanctioned whaling activities,
• Supplying food for the crew and other pro-visions for carrying out these activities, and
• Storing and distributing the catch from these activities.
Let's see.... I'd like to help out a charity... I could give to some group like my local house of worship, the Red Cross, the Salvation Army, the War Amps, Amnesty International, or something like that. Nah, I think I'll just go kill some whales instead!!
1 comment:
What a bizarre inclusion. One can only hope the Government is doing this to finance the phase-out of whaling from marginal or non-sustainable areas. Not that money donated is money spent on the same cause. So, have you spent up to your limit?
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