TVBizwire
Oprah 'Gift' Cruise Gift Could Trigger Tax Bill for 1,700 Staffers NYPost
Oprah Winfrey gave 1,700 of her staff a 10-day Mediterranean luxury cruise, reportedly at a cost of $9.2 million, and now they might have to come up with more than $1,000 in federal taxes each, the New York Post says.
An Oprah spokesman said the cruise was a gift and shouldn’t be taxed, but a tax law professor said she’s doubtful the IRS will agree.
--Elizabeth Jensen
Comments 1
EJ
Doesn't matter. Either way the staffers are lucky to be employed by Oprah. They are paid very well and if it turns out they have to pay $1000 plus on taxes. It's ok too. They can afford it. In the meantime other employers can learn from Oprah to treat their staff well too!! Doesn't have to be a cruise can be a simple thank you or even a free paid day off.
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