{"id":3212,"date":"2009-03-11T07:38:33","date_gmt":"2009-03-11T15:38:33","guid":{"rendered":"http:\/\/www.stokednews.com\/?p=3212"},"modified":"2009-03-17T16:16:58","modified_gmt":"2009-03-17T23:16:58","slug":"automobile-helio-case-could-have-future-implications-for-taxpayers","status":"publish","type":"post","link":"http:\/\/www.stokednews.com\/?p=3212","title":{"rendered":"Automobile &#8211; Helio case could have future implications for taxpayers"},"content":{"rendered":"<p>Apparently, you can owe taxes\u00c2\u00a0for money that you <em>should<\/em> have, but don&#8217;t.<\/p>\n<p>It&#8217;s called &#8220;constructive receipt&#8221; and this theory has become\u00c2\u00a0the center of the IRS&#8217; case against two-time Indianapolis 500 winner Helio Castroneves.<\/p>\n<p>Let&#8217;s recap an article that came out yesterday <span style=\"color: #e12323;\">from the Associated Press<\/span>. The IndyCar Series superstar took over what would have been the late Greg Moore&#8217;s ride at Team Penske in 2000.<\/p>\n<p>$5 million of his $6 million contract was set to be given to Panamanian company Seven Promotions &#8212; a\u00c2\u00a0stipulation that was part of the deal created by&#8230; <a href=\"http:\/\/mvn.com\/indyracingrevolution\/2009\/03\/helio-case-could-set-major-tax-precedent.html\" target=\"_blank\">Details<\/a><\/p>\n<div>\n<center><br \/>\n[ad#cor1]<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Apparently, you can owe taxes\u00c2\u00a0for money that you should have, but don&#8217;t. It&#8217;s called &#8220;constructive receipt&#8221; and this theory has become\u00c2\u00a0the center of the IRS&#8217; case against two-time Indianapolis 500 winner Helio Castroneves. Let&#8217;s recap an article that came out yesterday from the Associated Press. The IndyCar Series superstar took over what would have been [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,21,25],"tags":[],"class_list":["post-3212","post","type-post","status-publish","format-standard","hentry","category-automobile","category-formula-1-indy-cars","category-sports-car"],"_links":{"self":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/3212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3212"}],"version-history":[{"count":2,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/3212\/revisions"}],"predecessor-version":[{"id":4284,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/3212\/revisions\/4284"}],"wp:attachment":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3212"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}