Whereas most directors would no longer be able to acquire the funding to continue such projects after the immence criticism against them and the small returns, it is rumored Boll is exempt because he funds them under a loophole in German tax law that is supported by contributors and actually rewards movies that perform badly, via a writeoff at the end of the year. It has been reported, however, that this loophole has been revised. Starting on January 2006, contributors to failed movies will no longer be able to profit from failed films through a tax writeoff at the end of the year. This could deliver a major blow to Boll's production company, potentially making it difficult to capitalize on the commercial failure of the projects he has become associated with. This in turn would make it more difficult to lure the investors that have helped Boll continue his projects in the past. However, any projects announced before midnight on the last business day of 2005 are grandfathered in under the old law. In reference to this scheme of commercial failure for financial gain, some have referred to Boll KG as "Bialystock and Boll" (a reference to the 1968 film
The Producers)
Bookmarks