The court did not address Giant Eagle's argument that the deductions were offsets to income that qualified under the trading stamps
exception to the all-events test, but even the dissent agreed with the Tax Court that this exception did not apply.
Other states have analogized/compared loyalty programs to: trading stamps
, gift cards, rebates, two-for-one arrangements and/or taxable scrip, to name a few.
451-4(a)(1) provides an exception to the all-events test for taxpayers that issue trading stamps
or premium coupons redeemable by the taxpayer in merchandise, cash, or other property.
Many German stores at the time had me had trading stamps
redeemable for goods at the end of the year, but Theo said: "Customers want cheapness all year round.
So what began so simply with trading stamps
grew to reach today's structured rewards programs like Payback which has tie-ups with multiple retailers and chains of stores spread across countries.
It's set in 1965 and she plays the sister of a housewife who has won a million trading stamps
and has invited family, friends and neighbours to help her stick them into the collecting booklet, setting the scene for an evening of gossip, banter and the settling of old scores and the state of the world.
By 1962, trading stamps
had peaked, with estimated sales of $671 million.
The service portfolio includes coupons, loyalty/membership cards, trading stamps
, punch cards and gift vouchers, as well as tickets for events and public transport.
IT WAS 1962 and trading stamps
had been slowly infiltrating the British market since 1958 - but the controversy over gift stamps was about to explode on the North East shopping scene.
EVEN WHEN he was making replicas of s &H trading stamps
, Andy Warhol (1928-1987) never worked small, so it's fitting that Phaidon Press has produced Andy Warhol "GIANT" Size, a stunning, massive compendium of more than 2,000 images of the Pittsburgh native's art and life (the tome is 17-inches by 13-inches and weighs a hefty 15 pounds).
Edward Stanley Gibbons began trading stamps
from a small desk in his father's chemist shop in Plymouth in 1856, 16 years after the world's first postage stamp, the Penny Black, was issued.
That's until the ever-entrepreneurial company introduced trading stamps