$140k Oscar Gift Bag Could Cost Nominees A Lot in Taxes

This year’s Oscar nominees have nearly $ 140,000 in gifts at their fingertips – but before they redeem their prey … they may want to consider Uncle Sam, who wants his surgery.

Every year, the actors who get a nod from the Academy also get a sweet bag worth a bundle – and this year there’s no difference, as the marketing company Distinctive Assets is offering a range of prizes worth $ 137,000 and a change.

Gifts on offer include all the cost of a paid trip to Scotland with a 3-night stay in a fine castle ($ 50,000), a free home renovation ($ 25,000) and a 4-night visit to a luxury spa ($ 15,000), UK land and nobility, free ticket ($ 12,000) … among many other benefits in the form of services / experiences or expensive items.

It may sound appalling – indeed it is aroused rage for a number of reasons – but here’s the kicker … the more gifts they demand from the lot, the more they pay on the go.

Yeah, we’re talking about taxes here … and all signs point to a hefty decline if most of these gifts are accepted and / or used. All of the candidates ’claims are considered taxable income – and some experts speculate that they could be taxed at a rate of 50 percent or higher!

Of course, this is not to be missed by the stars themselves … who may not accept any of the offers presented. In fact, the founder of Distinctive Assets Lash Fary explains that only about $ 5,000 in a swag bag consists of real goods that they can take home … the rest are services / travel. So if most of the gifts go unredeemed, the bag is not as valuable.

Yet the fact that they are generally distributing these unnecessarily expensive carrots to candidates – which has been going on for years, BTW – has made some wonder … what is really important right now?