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of <h1>Rule 9B: Film Distributors Can Deduct Full Acquisition Costs If Released Within Same Year; Conditions Apply</h1> Rule 9B outlines the tax deduction process for film distributors regarding the cost of acquiring distribution rights for feature films. The deduction is applicable when calculating profits and gains from the film distribution business. If a distributor acquires a film and sells or exhibits it commercially within the same year, the entire acquisition cost is deductible. If the film is not released commercially within 90 days before the year-end, only the realized amount is deductible, with the remainder carried forward. No deduction is allowed if the film is neither exhibited nor its rights sold. The rule stipulates conditions for crediting realized amounts in the distributor's accounts.
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