Paul L. Caron
Dean


Wednesday, February 27, 2008

Tax Angle in National Treasure: Book of Secrets

National_treasureThere is a tax angle to the current hit movie, National Treasure:  Book of Secrets.  Supporting character Riley Poole (played by Justin Bartha) did not pay taxes on his share of the Declaration of Indepence he helped find in the first National Treasure movie.  At a book signing, the IRS seizes his red Ferrari and Riley explains to the main character, Ben Gates (played by Nicolas Cage, who has his own tax problems right now):

"Do you know what the taxes are on five million dollars?  Six million dollars."

At the end of the movie, the President of the United States returns the car to Riley with a note that says "tax-free." (Hat Tip:  Leandra Lederman.)  See also IRS Mind:  Tax Debt: -- Have You Seen National Treasure: Book of Secrets?

https://taxprof.typepad.com/taxprof_blog/2008/02/tax-angle-in--1.html

Celebrity Tax Lore | Permalink

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