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Movie Studios Use Foreign Tax Loops To Make Big Bucks Posted by Pile (6051 views) [E-Mail link] [Get-Rich-Quick] As paradoxical and absurd as it sounds, it's cheaper for a Hollywood studio to make a big-budget action movie than to make a shoestring art film like Sideways. The reason for this has a lot to do with various regions around the world that offer tax incentives to studios and those investing in movie production. In many cases, the big studios have concocted elaborate schemes to temporarily transfer ownership of films to foreign holders to generate millions of dollars in instant profit, especially when the actual movies often cost a fraction of their so-called "big budget." Details     Comments   Name: (change name for anonymous posting) Title: Comments:     1 Article displayed.

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