Quote:
Originally Posted by Kana
It doesn't make any sense. It's some rule they have to stimulate the German film making industry. Their investment is 100% deductible, so if the film doesn't make a euro, then the investors lose nothing. It's only when the film starts to make money that they have to pay taxes. If the film breaks even, then they have to pay taxes on the full amount of the budget, but they don't get any tax write-offs. This is why Germans invest in Uwe Boll's films. They invest in them precisely because they know they will tank.
Uwe Boll: Money For Nothing |
I get that...but a loss is a loss...and if it loses money than they are only saving a percentage of that money...whatever the tax bracket happens to be....since the tax is only paid on each additional dollar its not like they are paying less total taxes than the total loss in money...