Hacker News new | ask | show | jobs
by aetherane 1109 days ago
That's not how business taxes work. You are taxed on profits.
1 comments

Section 181[1] seems to grant tax benefits based on the expenses incurred in making a film and, presumably, any losses you get from shelving it.

[1] https://www.productionhub.com/blog/post/the-return-of-sectio...