CAIC
Cast and crew
At its very core, CAIC is simply a way to provide a salary bonus that purchases insurance benefits for cast and crew members. Under U.S. state theatrical tax credit rules for qualified media expenditures, CAIC is reimbursable as a labor cost, fringe and/or insurance benefit. Secondarily, as long as the payments are not creating a capital asset for the producers or studios themselves, the full cost of these qualified expenditures are deductible and reimbursable by tax incentives in the U.S., Canada, E.U., U.K., and Africa.
In addition to a regular salary, the cast, crew, interns, assistants, understudies, journeymen and writer/producers ALL RECEIVE HUGE SALARY BONUSES, which they re-invest in the film or TV production and deduct under 181. Bonuses are paid into CASH ACCUMULATION INSURANCE CONTRACTS (universal life insurance policies), that they each own outright.
If the production breaks even, investors are made whole. If not, all employees have already been paid their normal salaries, and any cash values are available to pay the difference in expenditures minus net profits, thus making it the cast and crew's job to do their very best work on the production, so that it does break even, and they can retain their life insurance and the cash values inside their contracts. The contracts then provide three key benefits to anyone who has worked on the physical film or TV production:
1. TAX-FREE CASH GROWTH
2. TAX-FREE RETIREMENT INCOME
3. TAX-FREE DEATH BENEFITS FOR SURVIVORS
If the production breaks even, investors are made whole. If not, all employees have already been paid their normal salaries, and any cash values are available to pay the difference in expenditures minus net profits, thus making it the cast and crew's job to do their very best work on the production, so that it does break even, and they can retain their life insurance and the cash values inside their contracts. The contracts then provide three key benefits to anyone who has worked on the physical film or TV production:
1. TAX-FREE CASH GROWTH
2. TAX-FREE RETIREMENT INCOME
3. TAX-FREE DEATH BENEFITS FOR SURVIVORS
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ABOUT CLIENTS VISION OFFICES TEAM CODE DESIGN CAIC HISTORY
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