When the glamorous celebs walk the red carpet this weekend, they’ll be decked out in thousands of dollars in couture, millions in jewels — and, if they’re lucky, they’ll be leaving with some priceless hardware.
Between the total box office grosses, the massive movie budgets and the gold statuettes, it may seem like the sheer amount of money in Hollywood is second to none. But to put it all in perspective, it’s not even 1% of what the IRS will collect in income taxes this year.
Our latest infographic takes a look at the dollars behind the little gold dude, with a few special tax-y twists. Oscar season has nothing on tax season.
The Academy, as the copyright owner of the Academy’s “Oscar” statuette, and owner of its trademarks and service marks, including “OSCAR®,” “OSCARS®,” “ACADEMY AWARD®,” “ACADEMY AWARDS®,” “OSCAR NIGHT®,” “A.M.P.A.S.®” and the federally registered “Oscar” design mark, is required to protect its properties against unauthorized uses and infringements.
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