Monday, December 05, 2005

The saga of the rich hunter: Tax loophole allows hunters to write off safaris as charity by giving game trophies to museums.

Forwared to me.

Ah, the rich hunter. He/she's not happy enough with wealth, they actually need to go and kill in far off lands and then use it for tax breaks. Amazing their mentality is. And as you'll see, these are usually canned hunts (hunts set up for them with animals enclosed). So, just like every thing else in their life - it's easy!

By the way, this loophole allows the owner of the Wildlife Experience out in
Parker, Colorado to do the very same thing. He's a multi millionaire who started Remax realty
and now kills animals and puts them in the Wildlife Experience for a tax break.
It was exposed early this year. So, hope that part of the bill goes through,
and of course, don't go to the Wildlife Experience. Funny name huh for a man
who killed them all in canned hunts for a tax break.


Get Me the Head of the Hunt Scammer

Published: December 2, 2005

For all the anxiety that new tax legislation can generate among bipeds, a
bit of mercy is being offered for the fleet African springbok and other
big-game targets. Senator Charles Grassley, the Iowa Republican who heads
the Finance Committee, is trying to close a loophole that allows hunters to
write off safaris as charity by giving game trophies to museums. This scheme
lets appraisers tote up the costs of things like travel, equipment and
guides to inflate the value of the trophies, which often end up at places
that market themselves as a way to "Hunt for Free."

The scam was uncovered when the Humane Society of the United States
investigated "canned hunts" - the hundreds of enterprises in this country
where hunters pay to enjoy more or less guaranteed kills of big-game animals
bred for the purpose of being easily cornered on enclosed acreage. The
investigators found tax abuse involving donated trophies, then tracked the
scheme to overseas safaris.

"The equivalent for non-hunters would be if someone bought a sweater in
Paris, donated it to Goodwill and took a tax deduction for the entire trip
to Paris," Senator Grassley told The Washington Post, which found hundreds
of "charity trophies" stacked like glassy-eyed cordwood in dusty storage
rooms billed as museums. The mammoth tax bill approved last month by the
Senate includes a provision strictly limiting a donation's value to the cost
of a trophy bought on the open market. Senator Grassley must now confer
across the Capitol on closing the loophole to see if the House is, well,
game.

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