3 ms·
They can get a tax benefit for it
by johngladtj 3y ago
They can get a tax benefit for it
- tonyedgecombe 3y agoThat's the bit I don't understand. That money they spent on developing the film will get written off against tax whether the film is launched or not. How is it different if they scrap the film?
- jjeaff 3y agoNormally, that is the case. But the tax code is riddled with special exceptions and carve outs for all kinds of special interests, so I wouldn't be surprised if there was some kind of special tax credit or write off of unrealized profits specifically for the film industry.