Quote:
Originally Posted by Squeak825
Quote:
Originally Posted by slazLA
Wow. This is not great... I am curious how one would deal with the fact that "binding contracts" for car orders are NOT ALLOWED in California. I get what the IRS is saying. Less than 5% deposit, may not be a binding contract. Capping damages at just the small deposit amount, may not be a binding contract. But what if entering into a binding contract is simply not allowed in my state. Then what??
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Then nothing, really. You can't do it. |
Can the IRS make credits available to residents of some states and not others? I'm not a lawyer but I think there's an interesting legal argument here about putting in a requirement that people do something to qualify for a tax benefit when that something is in violation of state law.