Penis Tax

The only thing the South African Receiver of Revenue has not taxed yet is the penis.

This is due to the fact that 40% of the time it is hanging around unemployed, 30% of the time it is hard up, 20% of the time it is pissed off and 10% of the time it is in a hole. On top of that it has two dependents and they are both nuts.

Effective from January 1st 2000, a Penis will be taxed according to SIZE.

10 - 12" LUXURY TAX = R70.00
8 - 10" POLE TAX = R55.00
5 - 8" PRIVILEDGE TAX = R40.00
4 - 5" NUISANCE TAX = R15.00

Males exceeding 12" must file under capital gains.

Anyone under 4" is eligible for a refund. (PLEASE DO NOT ASK FOR AN EXTENSION)

We are still awaiting clarification on a number of questions raised on this new tax, including:

Are there penalties for early withdrawals?
What if one's Penis is self employed?
Do multiple partners count as a corporation?

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