Art, Entertainment & Sports Law › Tax Law › Intellectual Property

IRS Taking Tough Stand On Benefits And Burdens Of Ownership In Recent Section 199 ILM And Tax Court Cases

On April 1, the Internal Revenue Service (IRS) released ILM 201313020 (ILM) in response to an IRS Appeals Division request. It concludes that planning and development activities undertaken by a publisher of books and other...more

Omi_Dreamer-Fashion_and_Internet_Brand_MarketingEIN Confirmation Letter

Omi_Dreamer-Fashion_and_Internet_Brand_MarketingEIN Confirmation Letter

A legal document from the Department of Treasury Internal Revenue Service that acknowledges and certifies Omi Dreamer-Fashion and Internet Brand Marketing as an limited liability company. ...more

Lights! Action! Deduct!

There may be a documentary film to be made about the documentary filmmaker who stood up to the IRS and won! A recent tax court case could be an extremely important precedent for independent filmmakers and documentarians. The...more

Co-Production Updates

Two items of note relating to the issue of international treaty co-productions which I believe indicate their re-emergence as a way of producing (especially in the current financial climate). First, Telefilm Canada...more

The Art Of Taxes: Major Changes To The Federal Transfer Tax System

Ars longs, vita brevis. Art is immortal, artists are mortal. Taxes impinge on every part of the art world and are a concern for both artists and collectors. Planning for and administering estates of artists and owners of art...more

The Prudent Buyer's Guide to Art Fairs

Whether you are a first-time buyer or an experienced collector, the electricity surrounding an international art fair can overwhelm the senses. Lavish parties, rich history, and the subtle buzz of thousands of business deals...more

Old Article about Federal Tax Incentives for Film Making

Discusses Tax Incentives for motion pictures, TV and Film available at the end of 2009. Incentives have since expired. ...more