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re: Interesting Article on How (And Why) Hollywood Hides Profits

Posted on 5/13/15 at 4:12 pm to
Posted by CocomoLSU
Inside your dome.
Member since Feb 2004
151111 posts
Posted on 5/13/15 at 4:12 pm to
quote:

You think they're just blatantly breaking the law?

I do. But they're breaking it so secretly and cleverly that it has become an accepted practice.

Even when they are sued, they don't prove that they aren't breaking the law...they just create so much rigmarole that the plaintiff either settles out of court or walks away from the suit. Then they take their peazy fine and go home and bathe in thousand dollar bills.
Posted by Mo Jeaux
Member since Aug 2008
59509 posts
Posted on 5/13/15 at 4:16 pm to
quote:

But they're breaking it so secretly and cleverly that it has become an accepted practice.


So secretively and cleverly that numerous articles are written about the practice and we're even discussing it on an internet message board. When the IRS and Justice Department update their information technology and find out about this egregious practice, there's going to be hell to pay.
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