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[3] [4] In October 2014, HMRC sent "accelerated payment notices" to people who had invested with Ingenious Media, demanding payment of substantial amounts of tax. [5] The tax bill following his investment in the scheme was cited in the subsequent bankruptcy hearings of the former Liverpool and Republic of Ireland footballer, Steve Staunton. [ 6 ]
Enquiries made by HMRC into elections made by members of a film partnership, in respect of the utilisation of losses made by that partnership, were valid where the enquiry was made into the partnership return rather than specifically into the claims made by the individuals. [6] Gordon v Campbell Riddell Breeze Paterson LLP [2017] UKSC 75: 15 ...
The Ingenious Group, which ran a film investment firm backed by entertainment industry figures including David Beckham, Sacha Baron Cohen and “Harry Potter” producer David Heyman, has won a £ ...
The Eady Levy was a tax on box-office receipts in the United Kingdom, intended to support the British film industry. It was introduced in 1950 as a voluntary levy as part of the Eady plan, named after Sir Wilfred Eady, a Treasury official. The levy, paid into the British Film Production Fund, was made compulsory in 1957 and terminated in 1985.
The Tory chairman is facing questions over whether he was chancellor at the time he negotiated the settlement.
The settlement aims to clear nearly 100,000 lawsuits filed by consumers ranging from homeowners to farmers who say they developed cancer because of the product. Some 25,000 cases still remain.
Will Smith's production company, Overbrook Entertainment, and Warner Bros. have reached a settlement after being sued over their upcoming biopic, King Richard, based on Serena and Venus Williams ...
Eventually, Moore reached a settlement with the Weinsteins and the lawsuit was dropped in 2012. [24] The 2005 film Sahara grossed $119 million against a production budget of $160 million, resulting in a $105 million loss for Paramount Pictures. However, due to Hollywood accounting tactics, the loss was only reported as $78.3 million.