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Useful tax-season memo sent to Ukrainian taxpayers (Original Post)
L. Coyote
Mar 2022
OP
LME (London Metals Exchange for Aluminum is @ $3350/metric tonne. This is what I am being quoted
OAITW r.2.0
Mar 2022
#8
OAITW r.2.0
(24,287 posts)1. Grab it if you can! No tax liability!
Aluminum/steel scrap market is awesome today....take advantage!
L. Coyote
(51,129 posts)4. Zucchini launcher
OAITW r.2.0
(24,287 posts)8. LME (London Metals Exchange for Aluminum is @ $3350/metric tonne. This is what I am being quoted
today, About 8% increase in 1 week, Equates to about $1.52/lb. Say you had 4000 lbs of aluminum scrap.....$1.25/lb? That's $5000.00 tax free USD in Ukraine. What an incentive!
tanyev
(42,515 posts)2. Oh wow, that's as good as the one from the librarians.
"We will reschedule just as soon as we have finished vanquishing our invaders". Ukrainian Librarians
https://upload.democraticunderground.com/100216417517
OAITW r.2.0
(24,287 posts)6. Excellent Special tax shelter for aluminum and steel.
Capitalism, baby! Grab it and sell... Help the world market with steel/aluminum availability. Pay no taxes...the profit is yours, fellow capitalists!
Wounded Bear
(58,596 posts)3. If it's real, that's some world class trolling...
L. Coyote
(51,129 posts)5. This clip is the greatest thing yet.
VarryOn
(2,343 posts)7. I doubt US IRS would do the same....
But good on the Ukrainian govt!
OAITW r.2.0
(24,287 posts)9. Makes a lot of sense for the Ukrainian IRS, though.
Incentivize the removal of Russian hardware and convert into real value for the poor bastards that are dealing with the Russian invasion.