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Originally Posted by Winetalk.com
Robin,
from what I understand it means one might not owe ANY taxes because the event of earnings never happened!
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This is how I read it too.
But there is the corrolary as well.
one may owe lots more taxes if the commisioner decides to pretend that something that didn't happen did.
OR if something that really did happen... took place at a different time or different way than what really happened.
In otherwords, They can pretty much make up shit or disregard the truth as they see fit
*coles notes provided by Serge and Derek