U.K. to close film tax loophole

March 2006
Hollywood Reporter -- International Edition;3/14/2006, Vol. 393 Issue 27, p60
The article presents information related to the British government's law against tax avoidance in the British film industry. It is reported that the British government has decided to continue its crusade against tax avoidance in the British film industry by clamping down on an existing setup that allows investors access to tax relief. In a statement from the government's revenue department, the British film industry learned that a complex investment partnership plan will be outlawed under British law.


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