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Sorry I was asking about how taxes worked. Your comment made it sound like they can subtract $40million off of their tax bill because they lost that much to thi
by heyoni 3y ago
Sorry I was asking about how taxes worked. Your comment made it sound like they can subtract $40million off of their tax bill because they lost that much to this movie but maybe you didn't mean that. I imagine the write off means their revenue is considered to be $40 million less and so they're taxes on a lower number, meaning selling a movie for $40million could still be worth it.
- add-sub-mul-div 3y agoI've seen people running with the assumption that it's a net $40m gain for the studio, but that could be incorrect.