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The implications of this is that that money was never taxed which is likely untrue. Just because the money left Lucasfilm, doesn't mean it wasn't taxed. There'
by parineum 2y ago
The implications of this is that that money was never taxed which is likely untrue. Just because the money left Lucasfilm, doesn't mean it wasn't taxed.
There's a reason why the IRS isn't going after them. So called "Hollywood accounting" is a lot more about screwing actors out of royalties than it is about not paying taxes
- like_any_other 2y agoThe implication is that "reported losses" don't have anything to do with actual losses. Citing the corporations creative accounting results convinces no-one.