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TSR Tax Lawsuit (with juicy financial details)
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Post Posted: Fri Aug 03, 2012 1:06 am 
 

Apparently during the late 70′s and early 80′s TSR was given deductions for research expenses. The law as written was designed for science and technology companies and explicitly denied deductions based for anything related to the social sciences. There is even an attempt to justify play testing as an expense.

Anyway, this lawsuit spells out in financial terms the deductions taken by TSR by employee, not by name but by title and department. Someone here probably can put the name to the job. What is staggering is the amounts involved in just one small aspect of their overall tax picture.

Someone who is a lawyer, an accountant, or even better both of those things will be better prepared then I was reading it. But don't take my word click the link.

nogrod.net/tsr-lawsuits-or-one-companie ... x-evasion/



  


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Post Posted: Fri Aug 03, 2012 1:46 am 
 

Nogrod wrote:Apparently during the late 70′s and early 80′s TSR was given deductions for research expenses. The law as written was designed for science and technology companies and explicitly denied deductions based for anything related to the social sciences. There is even an attempt to justify play testing as an expense.

Anyway, this lawsuit spells out in financial terms the deductions taken by TSR by employee, not by name but by title and department. Someone here probably can put the name to the job. What is staggering is the amounts involved in just one small aspect of their overall tax picture.

Someone who is a lawyer, an accountant, or even better both of those things will be better prepared then I was reading it. But don't take my word click the link.

nogrod.net/tsr-lawsuits-or-one-companie ... x-evasion/


Hey Nogrod,

As an accountant who studied both the American and Canadian Tax Systems, I found that link fascinating :)

Thanks for the interesting read.

Best regards,
Ronald

  

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Post Posted: Sun Aug 05, 2012 6:51 pm 
 

dam.. $1-$1.5mil ish back in 1982-84..  

Brette:)


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