
Mohammed Yusef, said: "We are delighted to have successfully concluded the largest-ever film sale and leaseback in the UK. The Da Vinci Code is a very exciting film and we have seen strong demand from our clients looking to invest in it".
Due to a stupid and long lasting love fest between UK politicians and the film industry ever since World War II, Yusuf (insallah) was able to explout a handy tax loophole as well. As a pioneer in structured film financing, Mohammed has advised many of the market leaders in the sector says his website biography.Invicta Capital, which opened it doors in England April 2000 with a £250-million ($567.6 million) line from Societe General de Paris and another £100-million ($227 million) line from Barclays, Mohammed wet his feet first with investment firm Matrix and took his team and investor pool when he left.
Under this inventive, if somewhat chauvinistic scheme, an investor puts in £50,000, borrows another £200,000 to help fund a film’s post-production costs, the entire investment is put down as a tax loss. The Inland Revenue returns 40% or £100,000 to the investor who then has 15 years to pay it back as he receives annual leasing fees from the studio.
This is what the tax advisors so dear to Yusuf's heart call a tax deferral scheme, and they have hi-jacked this one for themsleves. Allegedly to some discomfort by Gordon Brown.

This self selected moral guardian goes on to say in USA Today, "A few pundits are arguing that Christians should read the best-selling book The Da Vinci Code and see the movie to 'engage the culture' and as a tool for evangelism.
"By that argument, we should encourage people to read other popular, but infamous works: Chinese dictator Mao Zedong's Little Red Book, or The Communist Manifesto. Or, why not Mein Kampf by Adolf Hitler, or The Protocols of the Elders of Zion, an anti-Semitic diatribe popular in Muslim circles?"
Go on Ted , why not ?
Sign the petition on www.movieguide.org expressing concern over the movie says moralist Ted. Most of all he says, don't see the movie, especially the first week of release. If you have to go to a movie, however, go see another one instead. (But not presumably, Debbie does Dallas)
Ted ...here's some moral advice ...go piss up a rope!
Good advice indeed but who needs the Da Vinci Code crap when you've got the collective wisdom of the Internet?
ReplyDeleteMaybe when they've finished antagonising Brian Haw, they'll use Parliament Square for a good old fashioned book and film burning session in a full demonstration of what free speech is all about.