Apr 6, 2022 -- 10:47PM, thelatarps wrote:
Think I saw him interviewed about 20 yr ago and he said then the hand of god shirt was worth about 14k.5m seems rather inflationary.Still, nothing would surprise me in todays world.
Yeh but Maradona is brown bread now
May 5, 2022 -- 11:28AM, lfc1971 wrote:
Back then it was closer to the falklands war , emotions still raw and heightened etcthe match and World Cup and the timing of which all a factor An argument could be made that it would have sold for more then , certainly adjusting for inflation
It would have been a few thousand at most in the 80s. Would only have been 250k a decde ago. There was nothing like the market there is now.
May 5, 2022 -- 11:14AM, lfc1971 wrote:
Nope , it was a gift then and he didn’t sell it
CAT or gift tax is payable when the gift is received or shortly thereafter. You don't have to sell anything.
For him to claim the shirt was worth any considerable amount means at the same time he will be stating that he got an undeclared gift and didn't pay tax on it for 36 years. That is pointless because it will cost him far more money than it could possibly save him after 36 years compounding and he will be advised accordingly.