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surewhynotlem , 4 months ago If you write off 80 mil you’re basically saying that you lost 80 million on an investment. So let’s say a different movie you made makes 80 million, and this one lost 80 million, you basically made zero money and shouldn’t have to pay taxes.
If you write off 80 mil you’re basically saying that you lost 80 million on an investment.
So let’s say a different movie you made makes 80 million, and this one lost 80 million, you basically made zero money and shouldn’t have to pay taxes.