'Coyote vs. Acme,' once abandoned as a tax write-off by Warner Bros., grosses $100 million globally ahead of digital release.

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[–] 21 points 3 days ago

That's not how any of that works. Any expense is a tax write off. Income/revenue is what is taxed. Them selling it off at a discount is what turned it into a tax write off, which is still a loss. The revenue is generated by those who bought it for cheap. And that is taxed like it normally would be, which probably isn't high enough, but taxed nonetheless.

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