5 ms·
That's not how business taxes work. You are taxed on profits.
by aetherane 3y ago
That's not how business taxes work. You are taxed on profits.
- zimpenfish 3y agoSection 181[1] seems to grant tax benefits based on the expenses incurred in making a film and, presumably, any losses you get from shelving it. [1] https://www.productionhub.com/blog/post/the-return-of-section-181-how-filmmakers-can-capitalize https://www.productionhub.com/blog/post/the-return-of-sectio...