> Why artistic productions? Well, because it’s the most liberal business code for expenses.
> As a software company, I can expense travel for some things, the most useful for me being conferences. But that means I need to buy the conference ticket even if I’m not interested and can only expense accommodations for the duration of the conference. That’s good but a bit restrictive.
> Now, as a artistic production company, I’m not limited by that. As long as I can prove I traveled in order to produce, well, just about anything that can be construed as being art, I can expense travel and I can expense accommodations for as long as I need. You can’t rush art, you know how it is.
Clever. But given the IRS just bought more guns and ammo than many small countries I'm sure this makes your dog nervous.
There seems to be a false idea that only the USA has tax loop holes. I assure you. It’s not the case. And tax heavens are also way easier to use as a EU citizen because there’s no global income declaration required.
> As a software company, I can expense travel for some things, the most useful for me being conferences. But that means I need to buy the conference ticket even if I’m not interested and can only expense accommodations for the duration of the conference. That’s good but a bit restrictive.
> Now, as a artistic production company, I’m not limited by that. As long as I can prove I traveled in order to produce, well, just about anything that can be construed as being art, I can expense travel and I can expense accommodations for as long as I need. You can’t rush art, you know how it is.
Clever. But given the IRS just bought more guns and ammo than many small countries I'm sure this makes your dog nervous.