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Porsche Raffle February 11th 2012
Win a new 2012 Porsche Boxster
TAX PAID*
*** The Raffle is SOLD OUT!!! ***
check back on February 13th, 2012 when we will post the winning ticket!
*****
The WINNER of our special $1000 drawing is:
Cara Bradshaw of Mt. Pleasant, WI!
Congratulations to her and best of luck in the Porsche Drawing!
*****
Tickets are $125 each. The drawing will take place on February 11,
2012 during the Asheville Symphony Concert Intermission
***OR SOONER if the raffle sells out***. This is a fundraising project
and all ticket sales benefit the Asheville Symphony. Tickets may be sold
to employees, Board Members and other affiliated persons. You need not
be present to win. An independent accounting firm will supervise the
entries and drawing. If 550 tickets are not sold, a full refund will be
provided and the raffle will not occur.
*The IRS now requires
raffle winners to pay federal taxes on raffle winnings at the time of
the award. The Asheville Symphony will pay to the IRS for the winner’s
benefit an amount equal to 38.88% of our cost of the vehicle. The tax
must be paid not only on the fair market value of the winnings, but also
on the tax itself, therefore a grossed up tax rate of 38.88% of the
winnings. This may or may not be the actual amount you will owe on your
federal taxes. Please consult your tax adviser concerning your specific
situation.
PURCHASING:
By Phone: TICKETS ARE NOW SOLD OUT. You can get information over the phone by calling the Asheville Symphony Office at (828) 254-7046.
The Porsche Boxster was made available through Deal Motor Cars.
