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$140k Oscar Gift Bag Could Cost Nominees A Lot in Taxes

From tmz.com

This year's Oscar nominees have nearly $140,000 in gifts at their fingertips -- but before they claim their loot ... they might wanna consider Uncle Sam, who'll want his cut. Every year, actors who get a nod from the Academy are also afforded a sweet goodie bag that's worth a bundle -- and this year is no different, with marketing company Distinctive Assets offering up a ton of prizes that, if claimed in full, are valued at $137k and change. {tweet} The gifts up for grabs include everything from an all-expenses-paid trip to Scotland with a 3-night stay at a fancy castle ($50k), free construction for a home renovation ... (full story)

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  • Category: Entertainment News