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1. • • Ingenious Media companies behind a film finance scheme scored a win in their complex fight against Britain's tax authority after an appeals court ruled Wednesday that they were profit-seeking businesses for tax purposes, opening the door to reviving a £64 million ($88.9 million) slice of the dispute.
     www.law360.com › articles › 1409631

     Ingenious Media Units Win Appeal In Tax Avoidance Fight

2. People also ask

   Did Ingenious Media promote tax avoidance schemes?

   • In July 2014, Ingenious Media was investigated by HMRC for promoting tax avoidance schemes. In October 2014, HMRC sent "accelerated payment notices" to people who had invested with Ingenious Media, demanding payment of substantial amounts of tax.

   Ingenious Media - Wikipedia

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   Who owns Ingenious Media?

   • The company was founded in 1998 by Patrick McKenna. In 2018, Ingenious Media partnered with Solstice Studios to produce and distribute theatrical feature films. In July 2014, Ingenious Media was investigated by HMRC for promoting tax avoidance schemes.

   Ingenious Media - Wikipedia

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   Are ingenious's film tax schemes trading to make a profit?

   • “Notwithstanding HMRC, our reputation is high among the people who know us. The best films will be on our desk at some point,” the Ingenious spokesperson stated. The Court of Appeal ruled that Ingenious’s film tax schemes were trading to make a profit.

   Ingenious scores appeals court victory in long-running battle with HMRC

   www.screendaily.com/news/ingenious-scores-appeals-court-victory-in-long-running-battle-with-hmrc/5162262.article

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   Does ingenious have a film finance fund?

   • Ingenious continues to operate a film finance fund, funding around 30 films a year. Recent hits have included “Judy,” for which Renee Zellweger won an Academy Award, and “Unhinged” with Russell Crowe. The Ingenious fund, backed by celebrities including David Beckham, Sacha Baron Cohen, enabled investors to offset their taxable income.

   'Avatar' Film Funding Firm Wins $975 Million Tax Avoidance Case - Variety

   variety.com/2021/biz/news/avatar-film-funding-ingenious-hmrc-david-beckham-1235035446/

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3. en.wikipedia.org › wiki › Ingenious_MediaIngenious Media - Wikipedia

   en.wikipedia.org › wiki › Ingenious_Media

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   Tax avoidance case. In July 2014, Ingenious Media was investigated by HMRC for promoting tax avoidance schemes. In October 2014, HMRC sent "accelerated payment notices" to people who had invested with Ingenious Media, demanding payment of substantial amounts of tax.

4. variety.com › 2021 › biz'Avatar' Film Funding Firm Wins $975 Million Tax ... - Variety

   variety.com › 2021 › biz

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   Aug 5, 2021 · 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...

5. www.screendaily.com › news › ingenious-scoresIngenious scores appeals court victory in long-running battle ...

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   Aug 6, 2021 · UK tax authority HMRC (HM Revenue and Customs) has lost the latest installment of its complex and long-running legal battle with film financier Ingenious Media, which will now be looking to claw...

6. www.screendaily.com › news › ingenious-court-caseIngenious court case: what lies ahead | News | Screen

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   Nov 3, 2014 · Ingenious Media argues that its film partnerships “have already generated over £1bn in taxable income for the UK Treasury, with more to come over the lifetime of the films they funded”.

7. www.law360.com › tax-authority › articlesIngenious Media Units Win Appeal In Tax Avoidance Fight - Law360

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   Mar 4, 2023 · Ingenious Media companies behind a film finance scheme scored a win in their complex fight against Britain's tax authority after an appeals court ruled Wednesday that they were profit-seeking...

   • Author: Paige Long

8. www.law360.com › articles › 1409631Ingenious Media Units Win Appeal In Tax Avoidance Fight

   www.law360.com › articles › 1409631

   Law360, London (August 4, 2021, 8:16 PM BST) -- Ingenious Media companies behind a film finance scheme scored a win in their complex fight against Britain's tax authority after an appeals...

9. www.ft.com › content › cecd9a38/7510/11e6-b60a-deInvestors sue over film scheme tax losses - Financial Times

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   Sep 7, 2016 · Investors in film schemes that HMRC has branded as tax avoidance are suing a company that offered them and leading banks for more than £100m of losses. The law suit against Ingenious Media,...