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Aug 04, 2008 at 08:11 am by Evil Beet
I hadn’t thought about this before.
Fox News reports that the money Hello! and People magazines paid for the Knox and Vivi pics — between $10 and $15M, depending on whom you believe — will actually go directly to charity. Not first to Brad and Angie, and then to charity, but directly to the Jolie Pitt Foundation.
This means that the money is actually a tax write-off for these magazines.
Which means that, after you consider the tax implications, what they really paid for the pics is considerably less.
I’m just saying.










































































































Fox news is crazy, never listen to them.
I cannot find a copy of this mag.
what a bargain!
BEEEEEETTTTT!!!!! Where are the promised scanned photos???????????? I’ll have you know I’ve been checking on here every 1/2 hour to see them!!! Not that I don’t enjoy the other more newsworthy items you have on here, but WHERE ARE THOSE BABIES?????????????????????????????????????????????
The pics will be up as soon as I get my hands on a copy of that mag … they’ve been hard to track down. Don’t worry, I haven’t forgotten!!!!
ok, thanks!
Interesting… never thought of it as a tax write off…