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Ironically fitting, in a way

May 22, 2009

That college girl who auctioned her virginity to help pay for college? Yeah, she’s gonna hafta pay taxes on that.

Tax authorities in Germany are poised to claim 50 per cent of the money that a teenage student earned for ‘auctioning’ her virginity because they claim it was ‘tantamount to prostitution’.

article-1180858-050036A2000005DC-35_233x629Romanian-born Alina Percea, who is a student in Germany, was paid £8,800 in cash for a weekend of sex with the Italian businessman after she auctioned her virginity online.

Caution: puns ahead.

One tax expert said: ‘Even if she was taxed as a purveyor of erotic moments, or whatever she wants to call what she did, she would have to pay tax on it. Prostitution is merely a means for the bureaucrats to pin her down for a claim.

‘She would have been better off keeping quiet about this strange transaction.’

Although “keeping quiet” about it would likely have included not auctioning herself on the internet.

This is funny:

It also emerged that, because Alina earned so much in such a short time, she may even be liable for a hefty VAT bill too.

VAT in Germany works out to 19 per cent, meaning the sale of her virginity could land her with just over £3,000 in the end.

VAT stands for Value-Added Tax. It applies to manufactured goods, usually: Company 1 sells a raw material to Company 2; Company 2 makes it into parts, thus adding value, so when Company 3 buys those parts, they have to pay a VAT. Then, when Company 3 sells components made with those parts to another Company 4, Company 4 also pays a VAT.

I wonder what the rationale is for applying it here? She and her john did it twice, so she was more experienced the second time?

One more excerpt, with one more (hopefully unintentional) pun:

‘When we have hard figures then we can make an accurate assessment,’ said a German inland revenue spokesman.

Via Instapundit and Tax Prof.


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