Oscar nominees are receiving swag bags valued at over $200,000, including luxury items like a cutting board, pocket square, makeup foundation, backgammon set, and more. Some gifts also focus on helping victims of the Los Angeles wildfires, with services from disaster recovery consultants and a local construction company included.
Key Points
Swag bags valued at over $200,000 with luxury items
Some gifts aimed at aiding victims of Los Angeles wildfires
Tax implications for Oscar nominees receiving these gifts
Pros
Luxury gifts appeal to Hollywood celebrities
Some gifts focused on helping victims of Los Angeles wildfires
Cons
Physical freebies count as taxable income for Oscar nominees