Robber's gun a deductible expense

gouda

Robber's gun a deductible expense
By David Rennie in Brussels
(Filed: 26/01/2005)
http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2005/01/26/wexp26.xml
A bank robber has been allowed to claim the £1,400 cost of the gun he used as a legitimate business expense.

The 46-year-old criminal was able to set the price of the pistol against his gross proceeds of £4,700, which he stole in the southern Dutch town of Chaam.

Jailing him for four years, the judge at Breda criminal court reduced his fine by that amount.

The Dutch prosecutors' service said yesterday that the judge had followed sound legal precedents.

Leendert De Lange, a spokesman, said: "You can compare criminal acts to normal business activities, where you must invest to make profits, and thus you have costs."

Therefore drug dealers would be within their rights to claim the cost of a car used to ferry the drugs around, he said.

However, Mr De Lange scoffed at the hypothetical example of a drugs dealer claiming his Ferrari against the proceeds of his crimes.

"No, he would have to prove that he needed the car to transport the drugs and I hardly think he would transport them in a Ferrari."

jaycee

The law is a What . ?..

The two most common elements in the world are ..
Hydrogen and stupidity ..!

seamus

Sounds fine. So long as the asset can be confiscated as a proceed of criminal activity.

galactus

I don't care what "the law" says. This is nonsense.

I'd like to see an EU-wide reform of the legal system.

civdef

All very interesting, but unfortunately off-topic for this section.