Contest Winners Taxed On Prizes
West Virginia taxpayers who win prizes in lotteries sweepstakes raffles or giveaways must report the fair market value of the prize as income. Beauchamp notes some prizes like religious charitable scientific or civic awards are not taxed if the recipient is chosen without action. For details order Publication 525 from the district director in Parkersburg WV.
MENTIONED IN THIS ARTICLE
West Virginia
Harry E. Beauchamp
Beauchamp
Preas
P. O. Box
Parkersburg
Free Sea Venture Film From Standard Oil
Standard Oil Company (New Jersey) offers a free loan film titled Sea Venture about oceanic oil searches and the sea’s mercurial nature. The 28 12 minute color film, narrated by Frank Converse with Britten inspired music, targets schools and community groups in the Jersey Standard area and is distributed by Modern Talking Picture Service.
MENTIONED IN THIS ARTICLE
Standard Oil Company
New Jersey
Sea Venture
Benjamin Britten
Peter Grimes
Frank Converse
Quest Productions
Jersey Standard
Modern Talking Picture Service
Modern
New Hyde Park Road
New Hyde Park
N. Y
Harlem Prep
Northwest Passage
Car Dealers Must Post Highest Actual Price
West Virginia auto dealers must display the base price, not the sticker price. The base price is the highest actual price charged in the base period July 16 to August 14, and once fixed it cannot change.
MENTIONED IN THIS ARTICLE
West Virginia
Hugh D. Jones
Internal Revenue Director
Jones
Also Mentioned on This Page
Standard Oil
Fanaa
Bedrooa
Mnoe
Sk UE
Pgi
Itmeeytha Ie
Southwell
England
UPI
John Wakeling