AMERICAN FILMS HIT
Press Association )
( Per
WELLINGTON, AugllSt 2Z. The American film industry in New Zeaiand will he hard hii if, as ®x" pected, the recommendations to tne Government hy the Aid to Britain conf erence are implemented. At today's final session the iollowing reconmiendation, put for ward hy the production and trade committee, was adopted: "That dollar savings m respect of films from hard curreney areas he achieved as follow: (a) Increase tlie fllxn Mx'6 tax from 25 j per cent.. to 40- -per cent. (h) Kemittances to hard currency countries to he limited to an amount not exceeding £30,000 (New Zeaiand cnrrency) in any one year, the halance due to he held' in New Zeaiand currency as a "frozen halance. Mr. A. E. Gihhons (New Zeaiand Red Cross Society) asked if this tax applied to British films as well. , The chairman (Mr. F. P. Walsh): No, only to films from the hard currency areas. J"
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHRONL19470823.2.38.7
Bibliographic details
Chronicle (Levin), 23 August 1947, Page 6
Word Count
157AMERICAN FILMS HIT Chronicle (Levin), 23 August 1947, Page 6
Using This Item
NZME is the copyright owner for the Chronicle (Levin). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in