US taxman eyes up Emmy awards

US taxman eyes up Emmy awards

Tax revenues up for grabs from goodies bags

The US Internal Revenue Service is eyeing up the gift bags given to those
attending this year’s Emmy Awards, which take place over the weekend.

Celebrities attending the television and arts awards will receive gift bags
worth more than $27,000 and have been warned that they are taxable if they keep
them.

Some of the biggest names in entertainment have received a letter from the
Academy of Television Arts and Sciences requesting they comply with federal,
state and local tax laws and were asked to sign a waiver saying they had
received the notice.

Gift bags this year include luggage, skincare products, chocolates and
vacations in New Zealand and British Columbia.

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