Stephen McMellon Head of Media Rights WJB Chiltern plc outlines the specific tax problems associated with film financing
The role of the UK Government in the film industry has been to try to create economic conditions that would enable private business to develop a creative and commercial sector. In the mid-1990s a series of measures were put in place to encourage UK film production and broadly these fell into four main categories:
● measures to streamline the bureaucracy of the sector in particular the assembling of the Film Council to co-ordinate the activities of the British Film Institute the British Film Commission British Screen Finance and the Arts Council of England's Lottery funding activity;
● the introduction of the film franchise scheme...
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Stephen McMellon Head of Media Rights WJB Chiltern plc outlines the specific tax problems associated with film financing
The role of the UK Government in the film industry has been to try to create economic conditions that would enable private business to develop a creative and commercial sector. In the mid-1990s a series of measures were put in place to encourage UK film production and broadly these fell into four main categories:
● measures to streamline the bureaucracy of the sector in particular the assembling of the Film Council to co-ordinate the activities of the British Film Institute the British Film Commission British Screen Finance and the Arts Council of England's Lottery funding activity;
● the introduction of the film franchise scheme...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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