Archive for category Tax Incentives

Film Tax Credits Can Prompt Federal Fraud Prosecution

By Emma Beyer A federal appeals court ruled that film and TV tax credits are property and thus subject to federal mail and wire fraud laws, handing states a victory in monitoring fraud in the growing entertainment tax credits realm. In United States vs. Hoffman, the U.S. Court of Appeals for the Fifth Circuit found […]

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Ortt raises concerns over NY Film Tax Credit

A column from New York State Sen. Rob Ortt, R-C-I-Ref-North Tonawanda   Towards the end of last year, I highlighted the highly controversial and questionable film tax credit that our state has been recklessly participating in for the last 15 years. After beginning as a modest incentive of $25 million per year in 2004, by […]

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Report: Ga. Off Film Production Pedestal, But Still No. 1 In U.S.

Donnell Suggs • Aug 16, 2018 Georgia is no longer top dog for the film industry, but it was beat out by a nation: Canada. At least for the time being, the state of Georgia is no longer king of the film and production industry when it comes to the number of highest performing U.S. […]

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Filmmaking minus subsidy mentality

by daljit dhesi Former Finas DG: Market forces should dictate for industry to thrive IN Malaysia today there are more “grant entrepreneurs” than there are filmmakers. This statement may puzzle some or may leave others with a sigh of disapproval. But coming from an industry veteran, it should carry weight. Shedding light on his statement, […]

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We grew our economy the right way

  By Susana Martinez Aug 18, 2018 When I took office in 2011, we faced a projected $450 million budget deficit. To get state government back on track, we had to set new priorities, cut wasteful spending, reduce the size of the state bureaucracy and reform spending practices. As part of a broad, bipartisan agreement […]

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State has given $420 million in tax breaks to TV shows, movies, won’t detail why

Tim Novak and Tanveer Ali   Over the past decade, the state of Illinois has given nearly $420 million in tax breaks to companies that came to the state to make television shows such as “Chicago Fire,” movies like “Transformers” and dozens of commercials. What did those 1,817 productions do to earn those tax breaks? […]

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Why Hollywood franchises like ‘Mission: Impossible’ and ‘Star Wars’ treat London as a second home

By Emily Zemler Jul 27, 2018 When Tom Cruise rushes to the peak of the iconic rooftop of the Tate Modern in “Mission: Impossible — Fallout,” it’s not just one of the film’s many thrilling action set pieces, it’s also a prime showcase for Hollywood’s latest home away from home. As U.S. film production continues […]

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Another TV series, set in Missouri, is filmed in … Georgia

  By Jack Suntrup St. Louis Post-Dispatch Jul 30, 2018 JEFFERSON CITY • In the new HBO miniseries “Sharp Objects,” a St. Louis newspaper editor dispatches one of his reporters to Missouri’s Bootheel to investigate the murder of a girl. Like “Ozark,” a Netflix series, “Sharp Objects” is set in Missouri — yet filmed in […]

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Los Angeles Location Production Jumps 5.8% in Second Quarter

Dave McNary Film Reporter On-location filming of movies and TV in greater Los Angeles increased 5.8% in the second quarter to 9,937 shoot days, according to a report from permitting agency FilmL.A. Gains were due in part to the impact of California’s increased state tax credit, which was boosted last year to $330 million annually […]

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Ohio doubles tax credit to lure more movie production

By Tim FeranThe Columbus Dispatch   “This is just one of many pieces falling into place to create hundreds of jobs and millions of dollars in positive economic impact for the region,” said John Daugherty, executive director of the Greater Columbus Film Commission, in a statement. “We have a lot of work to do, but with […]

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