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October 11, 2005
Malaysia: Considering a Tax on Foreign Films
Although the reason given is that they want to 'bolster' the domestic film industry, this consumate cynic suspects it has more to do with curbing the 'infidel' influences those movies bring: Malaysia mulls taxes on foreign movies
KUALA LUMPUR, Malaysia - Malaysia will consider levying taxes on foreign movies and using the proceeds to help develop its domestic film industry, the government said Tuesday.The Cabinet is expected to soon discuss whether imported films should be taxed to help finance local productions through the National Film Development Corporation, said Culture and Arts Minister Rais Yatim.
The measure would be part of efforts to boost Malaysia's film industry, which is struggling to lure local audiences who often prefer Hollywood and Bollywood shows, Rais was quoted as saying by the national news agency Bernama.
Posted by Ruy Diaz at October 11, 2005 1:37 PM
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