Archive for category Tax Incentives

Louisiana film tax credits: We know how this movie ends

Posted Oct 10 By Tim Morris, Columnist tmorris@nola.com NOLA.com | The Times-Picayune Louisiana Gov. John Bel Edwards returned from a trip to Hollywood last week to announce peace for our time with the movie moguls. That kerfuffle over whether the state was really capping its generous tax credits and maybe trying to be a little […]

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Ireland’s film and TV tax incentive renewed until 2024 with new ‘regional uplift’

BY ESTHER MCCARTHY10 OCTOBER 2018 The Irish government has committed to the extension of Section 481, Ireland’s primary tax incentive for film and TV, until at least December 2024. The measure had been due to expire in 2020. It also announced the introduction of a ‘regional uplift’ of 5% to Section 481, to encourage local […]

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China Hatches Anti-Tax-Evasion Plan For Film & TV Biz In Wake Of Fan Bingbing Flap

by Nancy Tartaglione Oct 9 In the wake of the scandal that recently engulfed superstar actress Fan Bingbing, China has launched a campaign to regulate the payment of taxes within the film and TV industry. A notice posted by the State Administration of Taxation aims to promote the healthy development of the business which has […]

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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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