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Livvy Dunne puts tomatoes in her gumbo (LSU gymnastics official thread)

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The fuck is going on here?

Here's a pic of Breckie Hill:

s-l1200.jpg


I dare you to complain.
 
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Jagdaddy said:
Good luck calculating FMV and determining what legitimate business purposes are.......
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Actually this is the one area where the CSC is on pretty firm legal ground. If the House Settlement gets tossed by the courts it will almost certainly be because of issues with numbers 1 and 3 that I listed. On this one, I can even explain it without resorting to a legal brief. However, experience tells me that most people don't care and in any case this would be the wrong thread to do it in. If you or anyone else wants to hear it, tag me in the NIL thread and I will respond there.
 
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sflbuck said:
Actually this is the one area where the CSC is on pretty firm legal ground. If the House Settlement gets tossed by the courts it will almost certainly be because of issues with numbers 1 and 3 that I listed. On this one, I can even explain it without resorting to a legal brief. However, experience tells me that most people don't care and in any case this would be the wrong thread to do it in. If you or anyone else wants to hear it, tag me in the NIL thread and I will respond there.
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I can help here from the business world...The IRS figured out this kind of stuff a long time ago. You can disagree on their guidance all you want to, they have established a lot of precedents on "legitimate business purposes" and what a "fair market compensation" for a deal would be considered.

As an example, they have guidance on what you can give for a referral fee and it's laughably low amount of money considering someone mat be making a referral for the sale of a yacht or an airplane. It's like it was written for life insurance agents or something but they don't give a fuck. Dem's the rules.
 
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Jaxbuck said:
I can help here from the business world...The IRS figured out this kind of stuff a long time ago. You can disagree on their guidance all you want to, they have established a lot of precedents on "legitimate business purposes" and what a "fair market compensation" for a deal would be considered.

As an example, they have guidance on what you can give for a referral fee and it's laughably low amount of money considering someone mat be making a referral for the sale of a yacht or an airplane. It's like it was written for life insurance agents or something but they don't give a fuck. Dem's the rules.
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Exactly, and in a whole lot less words then I would have used.
 
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