As our informed readerbase will know, Killer whales (Orcinus orca ) are not fish. What then are the tax implications for ‘owners’ of killer whales – given that US tax law has specific regulations which differ considerably according to whether one owns a killer whale (a mammal), or a large fish, say a Great White shark (Carcharodon carcharias).
The position is clarified in this short video, where Professor Jeff H. Karlin, JD, LLM, from Golden Gate University, US, outlines the character of a Killer whale for tax porpoises:
