British Film Industry Needs Taxation Relief
LONDON, Dee. G. THe. official committSe set up bv the President of the Board of Trade to analysfe the plight Of the British film industry has reported to the Government that tbo" tnueh taxation is being squeezed frbih the industry. It rekommfendfed that the entertaihfnent tax should bfe eut all round, but with a ebmpehsatihg Customs tariff on the value of impofted films. The report says State ownership is hot appropriate to film-making, which needs thfe freb exercise ,of individual bnterprish, slcill, hnd craftsmanship. It is also considbred impraetical to break hp the two big inonopolies— ^Bank 's and the Assoeiatfed Britisli Bicture .Gorporation. These two control more than 70 per cent. of Britain's biggest picture theatres. The eommittee expressed its fear of British movie hoitses passing into, American hands, and this was onq reason i^hy it ihuught it impraetieaT to aell tip th6 present theatre monojoliea, ,
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Chronicle (Levin), 8 December 1949, Page 5
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153British Film Industry Needs Taxation Relief Chronicle (Levin), 8 December 1949, Page 5
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