China's State Council, or cabinet, will discuss ways to resolve a tax standoff that has late box-office payments to Hollywood for months and clamor the nerves of overseas producers keen to access the world's second-biggest film territory.
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China's top film industry body, the State Administration of Press, Publication, Radio, Film and Television (SAPPRFT), has been besmeared in high-level dialogue with the country's tax bureau to waive a 2 percent luxury tax on the industry, a source close to the regulator told