I suspect that the suits are reacting to the British tax laws.
General Tax Rules for the Movie Industry
Some new tax rules (increases) are being introduced this year.
UK GovernmentÆs definition of a British Film
and
Extract
(Translation you are allowed 2 Americans)
Benefits of getting the film classified as British
(I think it means that on a big film the studio can deduct tax over fewer years.)
General Tax Rules for the Movie Industry
Some new tax rules (increases) are being introduced this year.
UK GovernmentÆs definition of a British Film
and
Extract
(b) 75% of the total labour cost - after deducting the cost of two persons whose nationality must be non-Commonwealth/EU/EEA/Association Agreement country, and one of whom must be an actor (and engaged in making the film in no other capacity) - must have been paid to citizens or ordinary residents of the Commonwealth, EU/EEA or a country with which the European Community has signed an Association Agreement*;
Benefits of getting the film classified as British
(I think it means that on a big film the studio can deduct tax over fewer years.)
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