An Interesting Tax escape story of Marvel Studios! - Deepstash
An Interesting Tax escape story of Marvel Studios!

An Interesting Tax escape story of Marvel Studios!

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An Interesting Tax escape story of Marvel Studios!

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Yes, to save from the taxes levied by government Marvel Studios argued that the superheroes aren't actually humans but they are aliens!

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There's a difference between a "doll" and a "toy".

A "doll" is a figure which represents a human, and any company which imports a "doll" to the US is charged a 12% tax

A "toy" is essentially (in this context) a figurine that can represent anything non-human (robot, dinosaur etc.)

Any company which imports a "toy" to the US is charged a 6.8% tax.

This is why it was beneficial for Marvel to claim that Mutants weren't humans, essentially to not be taxed so much on figurine imports. 

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CURATED BY

adityamulukuri

17 | A start-up guy, Content creator, soloprenuer and a podcaster. Founder, Blast. Building Snakcards and more. Stashing about entrepreneurship, self-help, spirituality and the most interesting stuff I read.

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