Ms. Simelani earns some money for the family by working in a sharecrop garden owned by the local traditional leader. |
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There may be other types of sharecrop arrangements, for example, where the sharecropper is actually an employee of the taxpayer and receives a share of the crop as remuneration for services rendered. |
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In a 1987 letter ruling, the IRS denied deferral of income from a price-later contract that was executed by a sharecrop landlord. |
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