United Artists Corporate Minutes (Jan-Dec 1939)

Page scan 000228 from United Artists Corporate Minutes

Record Details:

Title:
United Artists Corporate Minutes
Date:
Jan-Dec 1939
Volume:
United Artists Corporate Minutes (1939)
Leaf #:
000228
Language:
English
Subjects:
Motion Pictures, Motion Pictures
Collection:
Hollywood Studio System
Contributor:
Wisconsin Center for Film and Theater Research
Sponsor:
Mary Pickford Foundation
Coordinator:
Media History Digital Library
Date Added:
August 27, 2022
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Ss 9. After discussion the matter was tabled until after the v first of the year. 20. The General Manager then reported that there hed been acquired for distribution in certain LetinAmerican countries the Spanish language film "LA JUSTICA DE PANCHO VILLA® upon very favorable terms, to wit: 25% in Mexico of the gross, and stockholder producer terms in other Latin-American countries. _ 21. The Treasurer reported as follows regarding the Argentine Income Tax situation: From Jamary 1934 to Decembex” 1988 United Artists Corporation paid to the Argentine Government an Income Tax of 5% on 50% of producer's share. This money was withheld from producers. Under a-recent lew which purvorts to be a clerification of.the old law, the Revenue Department is now claiming 54 of 100% of producers" share for this five year period. The encoun’ involved is 89,000 Pesos and the demand is for payment on or before November 30, 1939, The Corporation's local attorney, Dr. Goytie, recommends that the Corporation refuse payment and naan its objections and intentions in writing and force the Tax Department to take the initiative which will automatically throw the matter into the courts. Mr. Kelly suggests that Dr. Goytia's recommendation be followed.