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<blockquote data-quote="scoobypanda" data-source="post: 380111" data-attributes="member: 13957"><p>The government implemented a new corporate tax law 2 years ago. Any gift or reward that does not have a company logo on it, must be taxed. You receive the 75 gift pass, they add 75 to your income, tax comes to between 5.70 and 6.15 depending on your withholding. The remaining 69 is yours.</p><p>Last year our center received $4000 in safety money for the year. Our first <strong><u>quarter </u></strong>under the new program yielded $5025. Now the whole center does not lose out when one guy runs over a mailbox.</p></blockquote><p></p>
[QUOTE="scoobypanda, post: 380111, member: 13957"] The government implemented a new corporate tax law 2 years ago. Any gift or reward that does not have a company logo on it, must be taxed. You receive the 75 gift pass, they add 75 to your income, tax comes to between 5.70 and 6.15 depending on your withholding. The remaining 69 is yours. Last year our center received $4000 in safety money for the year. Our first [B][U]quarter [/U][/B]under the new program yielded $5025. Now the whole center does not lose out when one guy runs over a mailbox. [/QUOTE]
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