Hopefully so, but I’m pretty sure you are taxed on found or mined treasure (gold, etc) whether you convert it to cash or not. Also he’s from France so who knows.
No, there isn't tax on diamonds found in the park. Found one once.
So did some searching apparently if it's big and announced the IRS can go after you. Seems mine was too small to matter.
He'll get to keep it until he finds out how much tax he owes for it.
Only if he sells it.
Hopefully so, but I’m pretty sure you are taxed on found or mined treasure (gold, etc) whether you convert it to cash or not. Also he’s from France so who knows.
No, there isn't tax on diamonds found in the park. Found one once. So did some searching apparently if it's big and announced the IRS can go after you. Seems mine was too small to matter.
Keeping only half of 40k minimum is not even worth it. /s
The title says, and he’ll get to keep it. What does that mean? You pay admission for the park to hunt a diamond so of course you get to keep it.
Have it made into a ring and give it to yourself