Text 3
The Inland Revenue on Thursday accused the British film industry of abusing government aid, with every production of recent years deliberately over-claiming tax relief.
Revenue officials called in about 20 members of the film industry and warned them of severe consequences if the "exploitation" of tax-relief schemes did not immediately stop.
The move, which affects the including low- to high-budget film-makers and financiers, is i the latest in a series of attempts by the Revenue to clamp down on tax loopholes in an attempt
to raise more money for the Exchequer.
But the film industry responded on Thursday night, saying the Revenue could drive productions overseas and would confuse investors.
A series of tax relief schemes, introduced in 1997, enables those involved in the financing of qualifying British-made films to claim the costs of production against future income. The schemes have become popular with inv
A. the disappointment of the film industry at Revenue's decision
B. the state of worry in the minds of film investors
C. the reactions to the Revenue's move of parties concerned
D. the way out of the present difficult situation
Text 3
The Inland Revenue on Thursday accused the British film industry of abusing government aid, with every production of recent years deliberately over-claiming tax relief.
Revenue officials called in about 20 members of the film industry and warned them of severe consequences if the "exploitation" of tax-relief schemes did not immediately stop.
The move, which affects the including low- to high-budget film-makers and financiers, is i the latest in a series of attempts by the Revenue to clamp down on tax loopholes in an attempt
to raise more money for the Exchequer.
But the film industry responded on Thursday night, saying the Revenue could drive productions overseas and would confuse investors.
A series of tax relief schemes, introduced in 1997, enables those involved in the financing of qualifying British-made films to claim the costs of production against future income. The schemes have become popular with inv
A. removing tax relief
B. protesting more loudly
C. warning last time
D. making new laws
Text 1
Shortly after September 11th, President Bushes father observed that just as Pearl Harbor awakened this country from the notion that we could somehow avoid the call of duty to defend freedom in Europe and Asia in World War Two, so, too, should this most recent surprise attack erase the concept in some quarters that America can somehow go it alone in the fight against terrorism or in anything else for that matter.
But America’s allies have begun to wonder whether that is the lesson that has been learned——or whether the Afghanistan campaign’s apparent success shows that unilateralism works just fine. The United States, that argument goes, is so dominant that it can largely afford to go it alone.
It is true that no nation since Rome has loomed so large above the others, but even Rome eventually collapsed. Only a decade ago, the conventional wisdom lamented an America in decline. Bestseller lists featured books that describ
A. It underlies power.
B. It is to be pursued enthusiastically.
C. It is second to terrorism.
D. It is to be dealt with cautiously.
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