The Swedish pop group Abba mainly wore its flamboyant outfits during its heyday in order to be able to take a tax deduction on its clothing, according to a new book.
One of the band members, Bjorn Ulvaeus, revealed in “Abba: The Official Photo Book,” that the group would not have been able to deduct the cost of its costumes, under Swedish tax laws, unless the clothing was so outrageous that it could not be worn on the street in normal life.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access