Click Here to Enter
Check out Yanmar's Tractor Giveway, and enter now. Entries close March 31, 2019!
I'm in.
Well, I signed up, but I can't win a tick during a dog show, so...
Good luck to you "lucky" guys.
I'm not in.![]()
I'm not in.![]()
If I win you're welcome to come down and sit on it. You can even make engine noises.:laughing:
1. ELIGIBILITY. This Sweepstakes is open only to individuals who (i) are legal residents of the 50 states of the United States or the District of Columbia, and (ii) who are 18 years of age or older at the time of entry (19 or older if a resident of Alabama or Nebraska).
Those pesky little rules in the fine print.
1. ELIGIBILITY. This Sweepstakes is open only to individuals who (i) are legal residents of the 50 states of the United States or the District of Columbia, and (ii) who are 18 years of age or older at the time of entry (19 or older if a resident of Alabama or Nebraska).
Those pesky little rules in the fine print.
Reading further in the fine print, the winners image/picture will be distributed worldwide. Yet the contest is only open to Americans.
The winner is responsible for any and all taxes associated with this. (Which would include import taxes/duty if it was available to Canucks)
Nuff said.
My son won a new motorcycle in a promotion give-a-way. The MSRP on the motorcycle was $4000.
Upon taking delivery, he had to write a check for $600 which included 6% sales tax, title/license fees and setup (the manufacture only provides the motorcycle to the dealer, setup costs not reimbursed.)
At the end of the year he gets a 1099 tax form in the mail for $4000. Adding in federal and state income taxes (he was around 25% combined income tax bracket), he was responsible for another $1000 in income tax.
So, that $4000 "free" motorcycle cost him $1600 out of pocket. Sure, most would buy a new $4000 motorcycle or any other merchandise of that value for $1600, but if that tax burden was not in the budget to begin with, it can be challenging.
Looks like the tractor in the promotion will have an MSRP of around $20,000. Factor in your state and local taxes. For me, I'd probably be in the $5000 range!
I only enter promotions or contests that have a cash option. That way, I've got the tax bill covered from the beginning and don't have to go through the hassle of selling the merchandise to cover the tax bill.