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U.K. Tax Break to Continue Until 2015

Expect more American movies to shoot across the pond. U.K. Prime Minister David Cameron announced that Britain's current film tax relief, which was to expire in March 2012, will receive an extension until December 2015, reported Deadline. The continuation of the tax break lets Hollywood know that Britain is still looking for its business, especially its large-budget movies.

According to Deadline, the tax relief amounts to 16 percent of the budgets of Hollywood movies filming in Britain and has been worth $151 million to producers during this last financial year. Recently, big-budget American films "Prometheus" and "Snow White and The Huntsman" were shot in the U.K.'s Pinewood Studios, and they likely won't be the last.  Though keep in mind that if an American movie shoots over there, then there are cast and crew in the U.S. that don't get employed on that film.
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