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To: eyeamok
Hollywood has their Very Own Special Set of Accounting Rules which just might have to be looked at in depth.

A BRILLIANT observation. I wonder how many Trump hating celebs will shut their mouths when the accounting rules that screw them out of money come under attack. Maybe not the a-listers but certainly the rank and file actors and extras and support staff. Folks who work on movies that make several hundred millions of dollars but end up losing money on 'paper'.

56 posted on 01/23/2017 2:49:40 PM PST by ExpatCanuck
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To: ExpatCanuck

Perhaps someone who reads Freerepublic and has the ear of someone in the Trump admin should suggest they propose such a review... ;-)


57 posted on 01/23/2017 2:51:57 PM PST by ExpatCanuck
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To: ExpatCanuck

One of the easiest ways for Hollywood Entertainers to Launder Money, actually one used quite often by most. Is to have your distributions funneled offshore and deposited in to a Foreign Bank, then you have a Visa/Debit attached to that account. This can be Used ANYWHERE in the US without raising an eyebrow from the IRS!!!

TAX FREE INCOME


58 posted on 01/23/2017 3:03:42 PM PST by eyeamok (destruction of government records.)
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