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Syracuse Athletics
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Sean Miller / Arizona
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[QUOTE="SUbear, post: 2329730, member: 892"] Not sure how this clarifies, are you saying someone receiving 5M owes no tax? I know there is no penalty to the payer up to that amount. The FBI/IRS would not be using this against the payer/donor, but rather the payee/receiver, and a gift to a family member from a family member is limited, so not sure exactly what you are saying as it applies to a gift/payment from a corporate entity. Tax law is complex, but if what you have implied is true it is also ridiculous. [/QUOTE]
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