Quote:
Originally posted by Andres
How does that even work?  |
She basically says on her tax form that she can't run her business (being a popstar) without investing in the clothing she wears, thus she reduces her taxable income for the year. She can't be getting the clothing for free though, as that would actually increase her Taxable Income rather than decrease it. (Well, in the UK it would)
It's basically, "Gaga earned $80m this year, but she spent $1m on Business clothing so her taxable income's $79m"
[/AccountingStudent]
two different people 
