What is a "tax write off"?
Let's say that I have this one movie that is finished that I spent 80 million to make. I decided to "write it off". So when I get to pay my taxes, do I get a 80 million discount?
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Let's say that I have this one movie that is finished that I spent 80 million to make. I decided to "write it off". So when I get to pay my taxes, do I get a 80 million discount?
You clearly got your answer now, but I really wanted to see that Coyote vs Acme movie
How is that relevant?
That is the example that OP referred to in their question
Oh, I guess Connect for Lemmy cut that part out.