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The entertainment industry makes plenty of money, they just disguise the profits through all kinds of trickery that make what tech companies do with tax shelter
by claudeganon 6y ago
The entertainment industry makes plenty of money, they just disguise the profits through all kinds of trickery that make what tech companies do with tax shelters look childish by comparison. There’s a whole colloquial term for it, “Hollywood accounting”:
https://en.m.wikipedia.org/wiki/Hollywood_accounting https://en.m.wikipedia.org/wiki/Hollywood_accounting