TITLE

U.K. STYMIES STUDIOS

AUTHOR(S)
Dawtrey, Adam
PUB. DATE
March 2004
SOURCE
Daily Variety;3/29/2004, Vol. 282 Issue 66, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the U.K. outlawed protection and advocacy (P&A) funds in the process of raising $700 million to bankroll the distribution of movies from Universal, Disney and MGM. Move against tax evasion schemes by the Inland Revenue; Rules preventing Hollywood studios from exploiting the British tax system to underwrite the release costs in the U.K. and North America.
ACCESSION #
12722973

 

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