distribution functions were largely absorbed into Warner Bros. and as a result, Turner now largely serves merely as a copyright holder for a portion of the Warner Bros. library. Union Pacific Railroad In 1867, the Union Pacific Railroad set up a dummy company known as Crédit Mobilier. Union Pacific told the federal government that Crédit Mobilier will be the company constructing the eastern portion of the First transcontinental railroad. The federal government gave Crédit Mobilier around $150 million to build the railway. Upon receiving the subsidies, Union Pacific took most of the money and bought their own stock. These stocks were subsequently used to bribe politicians, including the Vice President of the United States. Government use To conceal secret missions and operations, governments may create dummy corporations. Air America Air America was an American passenger and cargo airline covertly owned and operated by the Central Intelligence Agency (CIA) from 1950 to 1976. It was used to secretly carry out American military operations in areas that would result in the United States violating treaty restraints as defined in the 1954 and 1962 Geneva Accords. Air America was most significant for its position in "supplying and supporting covert operations in Southeast Asia during the Vietnam War", and was allegedly reported to have participated in transporting opiates on behalf of Hmong leader Vang Pao during the CIA's secret war in Laos. Air Asia Air Asia was a CIA proprietary headquartered in Taipei that once ran the "largest airplane maintenance facility in Southeast Asia" during the Vietnam War. Although the CIA sold the subsidiary in February 1975, it once served all of the United States Air Force serviced in East Asia, and carried out covert aircraft operations centred in the Pacific. As of 1994, Air Asia is owned by the Taiwan Aerospace Corporation (TAC). Other CIA use During the 1979 Iranian Revolution, the CIA set up a fake Hollywood film studio called Studio Six to aid in a plot to sneak American hostages out of Tehran. This mission was depicted in the 2012 film Argo starring Ben Affleck. Other uses Tax avoidance Dummy corporations may be created to avoid tax through disguising the true profits of a corporation through the use of tax havens. The use of tax havens are particularly popular in the British Virgin Islands and many dummy corporations are created on the islands as a way to evade taxes. After a