Re: Bad TH'ing press
the declaring part is so that you can be taxed * once they see if they want it its thiers and they "buy it" and since they know about it your taxed on it however if they say no we will not buy it --its still known that you got it -- so if you sell it , its "income" and thus taxible --- if you sell it and do not report it and the govt gets wind of it ,you'll get very heavily "fined" for tax evision (and maybe a bit of jail time as well) -- so like many folks that want to hide income and not pay taxes on it , he doesn't declare his " finds"now -- it seems in the past he did rather than risk losing the valuible item for not doing it and then he saw how things worked out -- he figgered out once he sold it he would be "heavily" taxed on it. , thus "losing" a good bit of his income ---so now hes not reporting them so his "side" income is 100% untaxed -- and he sells on the black market for cash on the sly.