Tag Archives: Film Partnership schemes

Failed film partnership – causes tax avoidance grief – but not for the promoters!

Film Partnership schemes have been around for years, they are normally entered into with the hope of obtaining corporation tax relief or relief against income tax. In recent years they have come under increasing scrutiny, the Eclipse Film partnership 35 was set up to secure income tax relief for its investors. It entered into a complex set of transactions with the Disney Group of Companies to licence film rights and sub-license rights to distributor.

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