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URL:  http://boards.fool.com/i-would-imagine-that-it-depends-at-least-in-part-22399471.aspx

Subject:  Re: Oprah and tax trouble? Date:  4/24/2005  3:01 PM
Author:  geocarw Number:  78933 of 121189

I would imagine that it depends at least in part on whether she used corporate funds to make the payments (in which case I would expect them to be taxable) or used her personal funds (in which case they are more likely to be gifts). But I'm sure there's more to the analysis than that. --Bob

IIRC, Oprah didn't use any funds... GM/Pontiac ate the costs for the publicity gain and surely deducted the expense:-)

George
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