Emmy's Taxing Goody Bags: Heres The List !!

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    [​IMG][​IMG][​IMG] [​IMG][​IMG][FONT=verdana,helvetica]Emmy's Taxing Goody Bags
    by Natalie Finn
    [/FONT][FONT=verdana,helvetica]Aug 14, 2006, 7:05 PM PT

    [/FONT][FONT=verdana,helvetica]There should be nothing less taxing than a luxurious spa weekend.
    But try telling that to the IRS.

    The Academy of Television Arts and Sciences reminded a number of celebrities last week that the swag-stuffed gift bags they receive on Emmy night are considered taxable income and should be reported accordingly to the proper authorities come tax season.

    Stars scheduled to present statuettes Aug. 27 at the 58th Annual Primetime Emmy Awards received a letter from ATAS politely asking for their compliance with federal/state/local tax guidelines, along with a waiver to sign acknowledging that they received the letter in the first place. (So just in case Matthew Fox or Patrick Dempsey wants to thumb his nose at the government and not report his new cufflinks, the Academy won't be blamed.)

    The total value of the goods in this year's presenter bags--or, great big boxes of stuff--has been measured at somewhere between $27,000 and $33,000. Included are a variety of objects (Dooney & Bourke luggage, Fresh skincare products); edibles (Dove chocolates); and vacations (six days and five nights at a New Zealand country manor, a golf or ski getaway in Whistler, British Columbia).

    After the 2006 Academy Award gift bags weighed in at more than $100,000 apiece with no single gift being worth any less than $500, the IRS issued a statement wishing the Oscar nominees luck and reminding them to include their $25,000 four-night Hawaiian vacations and $7,000-worth of Victoria's Secret undies on their income tax returns.
    If they choose to keep the gifts, that is. Charitable donations are usually tax-deductible. The IRS couldn't be reached for comment, but it was reported earlier this year that the governemnt agency stood to collect almost $1.2 million from Oscar bags alone.

    "As the world watches the glamour and glitz of the Academy Awards, it's important to keep in mind that movie stars face the same tax obligations as ordinary Americans," IRS Commissioner Mark Everson said in a statement in March. "We want to make sure the stars 'walk the line' [that means you, Reese Witherspoon] when it comes to these goodie bags.

    "This has become big business for companies promoting their products. These things aren't given without pride and prejudice. There is a tax implication for them. We just want to make sure no one crashes into the tax code."

    Product placement company Madison & Mulholland--which is prepping Ultimate TV Nominee Bags for Emmy attendees like Teri Hatcher, Eva Longoria and the rest of the Housewives, Sandra Oh and other Grey's Anatomy residents, various Lost castaways, Hugh Laurie, Kiefer Sutherland and Adrian Grenier--has stuffed its bags with $2,000 gift certificates for Diamo scooters and a "Baby Bling Bag" containing everything from brand-name pacifiers to a Bellablue baby knitting kit. Along with about $25,000-worth of other stuff.
    Meanwhile, here's a complete rundown of the final list of goodies heading into the ultra-swank 2006 Primetime Emmy Presenter Gift Bags:
    • five-day stay at Old Bahama Bay on Grand Bahama Island, plus access to all water sports
    • one-year bicoastal membership to The Sports Club/LA (which, contrary to its name, has locations in San Francisco, Miami, New York and various other hotspots)
    • Sprint Fusic mobile phone, retails for $329
    • two nights at the US Grant in San Diego, incl. spa treatments
    • one-year bicoastal membership to YogaWorks
    • five-day golf or ski getaway at the Adara Hotel in Whistler, BC
    • six days at the Wharekauhau Country Estate in Featherston, New Zealand
    • four days at the Dolphin Bay Hotel & Residences in Pismo Beach, California
    • six days at The Lodge at Molokai Ranch on Molokai, Hawaii
    • Babystyle gift card, Lulu the Lamb original stuffed kids' chair and personal shopping consult
    • gift certificate for two-day "Emmy Crush Camp" wine appreciation at the Napa Valley Hotel
    • instructions on how to donate gowns, tuxes and other Emmy accessories to the Clothes Off Our Back Foundation to benefit relief efforts in Darfur, Sudan, the Children's Defense Fund and Cure Autism Now
    • food & wine pairing for six people from the Crustacean Restaurant in Beverly Hills
    • spa gift certificate and products from Fresh
    • Gingi skincare products
    • Ike Behar silk tie, button-down shirt and lapis cufflinks
    • Morton's Steakhouse gift certificate (last year's was for $1,500)
    • string of pearls from Pearl Paradise
    • Prive and Ona Spa gift certificate
    • Dooney & Bourke leather roller luggage
    • "365 Days of Dove" chocolate assortment
    • gift certificate for linens from DreamSleep Studio
  2. Yea, the least they could do is claim this stuff on their taxes. It's chump change for them.
  3. Poor babies.
  4. LOL :roflmfao:
  5. Nice goodie bags! LOL about the tax.
  6. Yeah I feel sorry for them that they get stalked all the time by papparazzi & have no privacy too...sniff sniff!! I guess these swag gift bags make up for it. All I have to say is it's a trade-off!!! Fame & fortune don't come for free, well in this case, they get a ridiculous amt. of swag for it!!!!:throwup::yucky:
  7. <-----charity donation recipient :yes:
  8. Why is it that the people who can afford this stuff the most get all this stuff for free, while those of us in the upper-lower-middle class are left to scrimp and save? Surely some of these things cost as much as they do so the manufacturers can afford to give them away to celebs for free. Ugh. Almost makes me want to turn communist!
  9. Oh it doesnt bother me. Its all part of the allure of hollywood. I think its cool!!
  10. oh, they can donate to me.. i will pay for the taxes.. hehe