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01/20/08 09:53 - 11ºF - ID#42966

"sanctioned"?? hmmm

i randomly came across this from looking around on the irs's website. i'm not exactly sure how the things below count as charitable contributions. seems like it ought to be deducted as part of work related expenses or the like. maybe the captains are killing the whales charitably. for the eskimos, i mean, not for the whales.

but, as always, i'm sure our fine gov't knows exactly what it's doing.

it's odd, i don't think of whaling as something that goes on anymore. i mean, are there a lot of existing eskimos, who need a lot of dead whale?





Expenses of Whaling Captains

You may be able to deduct as a charitable contribution the reasonable and necessary whaling expenses paid during the year in carrying out sanctioned whaling activities. The deduction is limited to $10,000 a year. To claim the deduction, you must be recognized by the Alaska Eskimo Whaling Commission as a whaling captain charged with the responsibility of maintaining and carrying out sanctioned whaling activities.

Sanctioned whaling activities are subsistence bowhead whale hunting activities conducted under the management plan of the Alaska Eskimo Whaling Commission.

Whaling expenses include expenses for:

*

Acquiring and maintaining whaling boats, weapons, and gear used in sanctioned whaling activities,
*

Supplying food for the crew and other provisions for carrying out these activities, and
*

Storing and distributing the catch from these activities.


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01/03/08 02:22 - 16ºF - ID#42738

love that octopus


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