|
|
|
|
|
|
by gruez
855 days ago
|
|
|
Right, and the studio is deducting all the resources it spent making the movie. If you decide to invest in a bunch of money into developing a product, and then not commercialize it, all the r&d money that went into it is still deductible. It gets tricky when amortization and accruals are involved, but in the end it's approximately the same principle. |
|
|
That's right. But when all the dust settles, writing off an asset that had market value when you intentionally destroyed it will not pass an audit.