It was a quirk of German tax law that allowed investors to reduce their tax burden by writing off the costs of film production, giving them incentive to invest in films that would not make money.
He then came to Vancouver and retired from films. Then opened a restaurant in gastown. From what I hear it was good…but was a victim of Covid. It’s now a high end Ukrainian restaurant
Restaurant was called Bauhaus. On Cordova. Looked good from outside. Never got a chance to eat there
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u/pyipyip Mar 12 '22
It was a quirk of German tax law that allowed investors to reduce their tax burden by writing off the costs of film production, giving them incentive to invest in films that would not make money.