Valid from 01/01/2007
Modifications etc. (not altering text)
C1Pt. 3 Ch. 3 applied (with modifications) (29.3.2007) by The Corporation Tax (Taxation of Films) (Transitional Provisions) Regulations 2007 (S.I. 2007/1050), reg. 3-12 (with effect reg. 1(2)) (as amended by Corporation Tax Act 2009 (c. 4), Sch. 2 para. 131)
(1)The following provisions have effect for the purposes of this Chapter as regards the meaning of “film production company”.
(2)There cannot be more than one film production company in relation to a film.
(3)A company that (otherwise than in partnership)—
(a)is responsible—
(i)for pre-production, principal photography and post production of the film, and
(ii)for delivery of the completed film,
(b)is actively engaged in production planning and decision-making during pre-production, principal photography and post production, and
(c)directly negotiates, contracts and pays for rights, goods and services in relation to the film,
is the film production company in relation to the film.
(4)In relation to a qualifying co-production, a company that (otherwise than in partnership)—
(a)is a co-producer, and
(b)makes an effective creative, technical and artistic contribution to the film,
is the film production company in relation to the film.
(5)If there is more than one company meeting the description in subsection (3) or (4), the company that is most directly engaged in the activities referred to in that subsection is the film production company in relation to the film.
(6)If there is no company meeting the description in subsection (3) or (4), there is no film production company in relation to the film.