Alan Dolton Editor of Tolley's Tax Casescontinues our coverage of Standing Committee A's consideration of the Finance Bill
Standing Committee A resumed on Thursday 18 May continuing its discussion of Clause 32 (Meaning of 'film production company'). The Economic Secretary (Ed Balls) commented:
'The hon. Member for Braintree (Mr. Newmark) who is not currently with us but who was certainly here on Tuesday asked a good question about how we intend to prevent the deliberate manipulation of the divide between development and pre-production. ... if all else fails the remedy lies in paragraph 3 of schedule 5 which gives the Treasury the power to specify what is included or excluded in respect of expenditure qualifying for the enhancement. Any attempt to disguise expenditure as...
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Alan Dolton Editor of Tolley's Tax Casescontinues our coverage of Standing Committee A's consideration of the Finance Bill
Standing Committee A resumed on Thursday 18 May continuing its discussion of Clause 32 (Meaning of 'film production company'). The Economic Secretary (Ed Balls) commented:
'The hon. Member for Braintree (Mr. Newmark) who is not currently with us but who was certainly here on Tuesday asked a good question about how we intend to prevent the deliberate manipulation of the divide between development and pre-production. ... if all else fails the remedy lies in paragraph 3 of schedule 5 which gives the Treasury the power to specify what is included or excluded in respect of expenditure qualifying for the enhancement. Any attempt to disguise expenditure as...
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: