Thread: Weird News
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Old 02-28-2014, 11:17 PM   #2468
xoxoxoBruce
The future is unwritten
 
Join Date: Oct 2002
Posts: 71,105
From Glatt's last link
Quote:
She quoted a 2013 tax guide in which the IRS stated: “If you find and keep property that does not belong to you that has been lost or abandoned (treasure-trove), it is taxable to you at its fair market value in the first year it is in your undisputed possession.”
If their are taxed, then the government is stating they have "undisputed possession". I read that as the government is not claiming the coins were stolen from the mint and must be returned.

Someone told me the finders are giving very large sums to charity.
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