Archive for category Tax Incentives

Film Professionals, Local Officials Applaud Film Tax Credit For HV, Catskills

By ALLISON DUNNE New York Governor Andrew Cuomo recently signed legislation that expands the additional 10 percent Empire State film production tax credit to counties in the Hudson Valley and Catskills. It also raises to 40 percent the tax credit offered elsewhere in the state. Local officials and film professionals have high hopes. A former rail […]

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Governor proposes scrapping Mississippi’s film production subsidy

By Steve Wilson If Gov. Phil Bryant has his way, Mississippi will follow the example of Florida and other states and scrap its film production subsidy program. Bryant’s proposed budget for fiscal 2018, which begins July 1, proposes allowing the incentive program to expire with the new fiscal year, among other cuts. Bryant, as chair of the state’s bond commission, voted to change bond regulations […]

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Film industry tax avoiders face multi-million pound bill

Investors in a financing scheme aimed at helping the UK film industry are being asked to repay “multiple millions of pounds” following a court ruling. HMRC is pursuing investors in the Eclipse scheme, including celebrities, financiers and sports stars, for up to 20 times their original investment. Courts ruled that the film investment partnership was […]

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How The Power-Broker Koch Brothers Are Killing The Florida Film Business

by David Robb Florida’s film and TV industry is in a free-fall after the state scrapped its film incentives program earlier this year. Productions are leaving, vendors are fleeing, and workers are moving to Georgia in the wake of a concerted and well-financed campaign by the billionaire Koch brothers and their conservative allies in the state […]

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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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How Czech Prime Minister Plans to Boost Nation’s International Film Productions

Ed Meza KARLOVY VARY — While the Czech Republic remains an attractive location for international feature film and, increasingly, TV series production, it is facing tough competition from other European countries. Boosting the nation’s prospects in the international film sector has become a key issue for the government of Prime Minister Bohuslav Sobotka, who recently visited […]

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Letters: Much-needed for Louisiana still going to film industry

Louisiana can’t seem to balance the budget, but we’re still giving away millions in tax dollars to Hollywood. According to a news report, one company is claiming to be spending $9 million in expenses, and $5 million of that is in payroll for 300 in-state production jobs. Considering they’re only filming until August, that means […]

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New Evidence: Film Incentives Still Don’t Work

Research from Michael Thom analyzes a variety of programs Last year Michigan lawmakers wisely did away with what was once the most generous film incentive program in the nation. Mackinac Center research showed that despite giving film producers half a billion dollars from 2007 to 2013, there were no signs that the film industry in Michigan was […]

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Increase in Ohio Motion Picture Tax Credit Program gives local film industry big boost

Brian Mains CINCINNATI — Ohio’s film industry received a big boost Thursday when Gov. John Kasich signed a bill doubling the tax incentive credits available for out-of-state movie producers starting in July. The bill passed by the Ohio Legislature doubles the yearly Ohio Motion Picture Tax Credit Program cap from $20 million to $40 million. […]

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