TaxCorporate TaxFilm producer say tax regime not working

Film producer say tax regime not working

Producers worse off under new scheme

The founder of a leading film production company has slammed the changes to
the tax regime for the film industry, saying they are making the situation
worse.

Michael Kuhn, founder of Qwerty Films, which financed Kinsey and
I Heart Huckabees, claimed the switch from tax relief for investors in
films to a tax credit paid to the producer, actually left producers worse off.

Kuhn applauded efforts to help make financing films easier, but said many
producers felt the government could do better.

He also said there was no relief against the cost of British film crews or
stars working abroad on British films, The Times reported.

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