Sunday, July 01, 2018

Exciting convo about taxes

I saw Ozzir yesterday at a friend's wedding. Ozzir is moving to Japan. He spent a while telling me about how he will be taxed.

Ozzir: They said I might be charged based on original cost basis instead of original fair market value! Can you believe it?

Me: So you would owe a lot more taxes if it were cost basis?

Ozzir: So much more! I told them if they try to charge that, my answer will not be 'No'. My reply will start with 'f'. 

Me: Is it 'Fair enough'?