Comments on: Among his many accomplishments, Genghis Khan invented the off-shore tax shelter, straight-line depreciation for pillaged goods and the concept of ’swords or butter.’ While his grandson Kublai Khan is generally credited with writing off vacation yurts as a business expense, it was actually Genghis who first used the deduction which was disallowed.

Comments on: Among his many accomplishments, Genghis Khan invented the off-shore tax shelter, straight-line depreciation for pillaged goods and the concept of ’swords or butter.’ While his grandson Kublai Khan is generally credited with writing off vacation yurts as a business expense, it was actually Genghis who first used the deduction which was disallowed. http://david.barillari.org/among-his-many-accomplishments-genghis-khan-invented-the-off-shore-tax-shelter-straight-line-depreciation-for-pillaged-goods-and-the-concept-of-%e2%80%99swords-or-butter%e2%80%99-while-his-grandson-ku Ex Historia, Non Est Salus...Cultural, Social & Politcal Satire Tue, 22 May 2012 05:44:21 +0000 http://wordpress.org/?v=2.0.5