THAT"S FUNNY...it gets my vote for the most creative and funny event so far this year...
SoloFed wrote:
http://news-hound.net/samsung-pays-apple-1-billion-sending-30-trucks-full-of-5-cent-coins/ :thumbup:
Talk about LOL... I hate Apple and got a real laugh out of this one, thanks for posting.
BHC
Loc: Strawberry Valley, JF, USA
Many years ago, a California tax-payer tried to pay off a million dollar STATE tax fraud judgment in pennies. When the first of many, many expected armored bank trucks arrived at the Franchise Tax Board office, it was turned away. The tax-payer thought he was being funny. The court, in a separate decision, stated that the method of payment constituted an "unreasonable hardship" on the payee. Subsequently California passed legislation requiring that payment in the form of coins could only be made in bank-approved rolls or certified sealed bags, and that a payor attempting to do so might be held liable for the confirmation of the payment be an independent auditor or bank. A bit of calculation showed that, had the original tax-payer been able to collect all the pennies he needed in time, the verification process would have cost him over 10% of the judgment in labor and materials and would have put him over the deadline for payment of the judgment, which would have carried a 1% per day penalty. Since then, several people have tried the same stunt, including one guy who tried to pay off a balloon payment on a mortgage in one dollar bills. He ended up going past the due date and ended up in foreclosure. He lost the property and his credit rate dropped over 100 points for three years. Many states have now enacted "Vindictive Payment" laws.
Mogul wrote:
Many years ago, a California tax-payer tried to pay off a million dollar STATE tax fraud judgment in pennies. When the first of many, many expected armored bank trucks arrived at the Franchise Tax Board office, it was turned away. The tax-payer thought he was being funny. The court, in a separate decision, stated that the method of payment constituted an "unreasonable hardship" on the payee. Subsequently California passed legislation requiring that payment in the form of coins could only be made in bank-approved rolls or certified sealed bags, and that a payor attempting to do so might be held liable for the confirmation of the payment be an independent auditor or bank. A bit of calculation showed that, had the original tax-payer been able to collect all the pennies he needed in time, the verification process would have cost him over 10% of the judgment in labor and materials and would have put him over the deadline for payment of the judgment, which would have carried a 1% per day penalty. Since then, several people have tried the same stunt, including one guy who tried to pay off a balloon payment on a mortgage in one dollar bills. He ended up going past the due date and ended up in foreclosure. He lost the property and his credit rate dropped over 100 points for three years. Many states have now enacted "Vindictive Payment" laws.
Many years ago, a California tax-payer tried to pa... (
show quote)
So, how do you enforce California law in South Korea???
This thing could take years. Mean time Samsung and "ugh" Apple will continue to play dirty with each other.
So, I wonder what would happen to Apple if Samsung quit making phone parts for them.... hmmmm, sounds interesting.
BHC
Loc: Strawberry Valley, JF, USA
jimmya wrote:
So, how do you enforce California law in South Korea???
This thing could take years. Mean time Samsung and "ugh" Apple will continue to play dirty with each other.
So, I wonder what would happen to Apple if Samsung quit making phone parts for them.... hmmmm, sounds interesting.
Apple and Samsung both have a business presence in California. As long as they want to do business in this state, they are compelled to abide by our law. Beside that, Apple has its corporate office in California.
Why are you so anti-Apple?
BlokeOzz
Loc: Morphett Vale South Australia
Hooray for Samsung, I would not have Apple in a fit, :thumbup: :thumbup: :thumbup:
Mogul wrote:
Apple and Samsung both have a business presence in California. As long as they want to do business in this state, they are compelled to abide by our law. Beside that, Apple has its corporate office in California.
Why are you so anti-Apple?
I eat my fruit, I don't play with it!!
I am not a Snopes fan, but Snopes says it's a hoax, begun as a joke which took off. (Probably because everyone wanted to believe it.)
Fake story. This same story floated out when trial judgement was first released. Sorry to ruin all the apple haters' glee.
Bruinista wrote:
Fake story. This same story floated out when trial judgement was first released. Sorry to ruin all the apple haters' glee.
Oh well, it was fun while it lasted.
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