Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
Faced with the income tax on the inflated value of any trip I took, and the income tax on the value of trips I didn't take, I would reject the entire prize, and would not enter any more non-cash-prize contests knowing that the sponsor will hide behind the "letter of the law" to effectively discourage the winner from taking his prize. How cheap can you get when all you're giving away is an unused seat on your airline.

AA may have done this for good publicity but hopefully they'll get more bad publicity from its reality. ed
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.