Paul L. Caron

Monday, August 28, 2006

Tax at the Emmy Awards

Emmy_1The IRS's new enforcement of the tax rules on Hollywood swag was a major topic of conversation at last night's Emmy awards:

Last night's most popular subject was the sumptuous gift bags given to Emmy presenters, valued at $30,000 or more, which the federal government now intends to tax as income.

    • Conan O'Brien: "The Bush administration keeps sticking it to the working man."
    • Greg Garcia:  "[I have] no opinion on [the tax treatment of the gift bags] whatsoever. I agree they should go to some sort of charitable organization."
    • Jeremy Irons:  "You shouldn't have to pay taxes on anything. That's my stand."
    • Jeremy Piven:  "I think the goody bags should be sent to New Orleans. Wouldn't that be great, don't tax them, just give it to them (people of New Orleans)."

For more, see:

Recent TaxProf Blog coverage:

Celebrity Tax Lore | Permalink

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Tracked on Aug 29, 2006 9:39:51 AM