Wednesday, February 24, 2021

CALIFORNIA ASSEMBLY BOOSTS TAX INCENTIVES TO MOVIEMAKERS

June 1, 2011 by · Leave a Comment 

It’s rare when Democrats and Republicans in the fractious California legislature see eye-to-eye on anything, but on Tuesday the state Assembly voted 72-1 to extend tax incentives for the movie and TV industries for five more years. The bill approves up to $500 million in tax credits aimed at countering even more lucrative tax bait […]

PRODUCERS TO HOST OVERSEAS FILM COMMISSIONERS

May 18, 2011 by · Leave a Comment 

Members of the Producers Guild of America may continually gripe about the flight of production to other states and countries, but today’s (Wednesday) Los Angeles Times reports that they are nevertheless planning to host a major conference in Burbank on June 3-5 at which hundreds of film commissioners from all over the world will provide […]

NEW TAX BILL RETAINS INCENTIVES FOR MOVIE PRODUCERS

December 13, 2010 by · Leave a Comment 

The new “compromise” tax bill will extend a provision of the previous bill that allows motion picture and television producers to deduct up to $15 million in production costs if they are incurred in the United States ($20 million if they are incurred in an “economically depressed area”). Continuation of the tax benefit is seen […]