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Sweeping changes to tax regulations would benefit new media industry: roundtable

News | 10/18/2000 4:00 am EDT

The head of an industry working group on capital markets and tax reform sweeping regulatory changes are needed to ensure new media and other ‘new economy’ businesses are properly financed. John Eckert, managing partner at McLean Watson Capital Inc and a veteran of several multimedia business ventures, says removing barriers such as high personal and capital gains taxes would encourage more foreign money to move in, and for projects such as post-production graphics work on film and television products to be done in this country.

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