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Washingion, Apr my 4 In a signidcent retreat, Internal ‘Revenue Services issued ity jr ed nibeteative yequiations for [expense acoount deductinen whick | OM oe lola * Mt leeway te businessmen ' nd onus for hope te sig ate
"| for ehtertals ment ‘sed “ddr thee eo ‘duetions, de put a silght crimp on | Eb expense aceounting, But the gene
peril; eral reaction here Is that they
isiveig | COWld have heen a great deal tight> Te In ie wake Led the earlier and _19@R Precerd he regulations and
4 One jont wwe fram niterieg
4 a, the resection to the / [an eaters rules wilt probably be
mild. In comparison,
| Any comtmenta on the new rules
tere required within M0 days IRS
Commissioner Mortimer Caplie
‘sald public hearings «il probably
1 follow within five or pit weeks,
{After siudying the written and
| weoken opinions. I RS wilt laste He
: “Contrary lo predictions, there le
no dellar Imitation of entertaiie
‘went. Neither fae thare a mie
| (Continued on page 110
: meieripiatens eats init
were brought te the tere late leet week via a le wrapped up brivece
| Columbia Records and the Kugone O'Neill estate, In the past, disk company angelling in legit hae 7 centered an niusioal shows, ~~ Altiough ne desl between Cot bid the O°Nelll estele deez not eatl | for any apeci{ia financial backing, [ lndustryites see the move at & Spearhead that will hype diskery: { Interest Im the recording of dra‘matic shows, This sewson, especial fly, hae spotlighted the diskers’ move (owards drama with the reeordings of “The Schaal for Scan Gil" by Command Hecords, “The | Hollow Crown hy the Landon label, ancl “recht On Brecht’ and 1"Who's Afraid of Virgifie Waeall?? by Columbia, A diskery scramble jfor dramatiwe properties a Ja lee : canlinned on page Bt)
Delrymoele, ductor of the N. Y.| oe Light Opera -@., $8)
ne Prenton. Row Yok ely WOOK con pre dc nITIOTC WPIX-11 NEW YORK . THE ONE STATION NETWORK