[raverbashing]

"can extort $300,000USD worth of services out of a business"

That's not the value. It's probably going to cost around 50k to 100k

I certainly don't agree with the precedent, though

[criley2]

Value is complicated but "cost" alone isn't the full picture.

Question: how did you calculate the cost of a lifetime membership to something? I'd be curious to see the numbers.

Either way, most tax systems allow the full cost + 1/2 of the difference between cost and fair market value as a tax deduction (the US does it that way, I bet other anglo-derived systems like Australia is similar), which changes the math a little too.