STUDY: TAX INCENTIVES A GOOD INVESTMENT FOR STATES

According to a study by the accounting firm Ernst & Young for the Motion Picture Association of America, state tax incentives for the movie industry have a trickle-down effect (what the study calls “multiplier activity”) that boosts businesses that have little to do with the film business. The report, titled Evaluating the Effectiveness of State […]

JERSEY POLITICIANS TAKE ON JERSEY SHORE

Italian-American groups are up in arms over the decision of New Jersey’s Economic Development Authority to award MTV a $420,000 tax credit to keep Jersey Shore in New Jersey. André DiMino, president of the group American ONE VOICE Coalition, told the New Jersey Star Ledger that the state has abrogated the public trust by awarding […]

FILMING SOARS IN L.A. AS LAWMAKERS CONSIDER CUTTING INCENTIVES

For filmmakers, this may not be the best time for FilmL.A. to be announcing that location shooting in the Los Angeles area has risen 60 percent so far in the third quarter versus last year, with last week showing a 66-percent rise in location production days. The state Senate is expected to vote shortly on […]

CALIFORNIA FILM COMMISSION SELECTS FILMS TO RECEIVE TAX CREDITS

The California Film Commission has announced that 27 movies and TV series will share $100 million in tax credits in the coming year. The Commission said that it had received 176 applications this year. Three TV series received the largest amounts — Bad Wolf Productions’ Torchwood and FTP’s Body of Proof and The Protectors. In […]

CALIFORNIA ASSEMBLY BOOSTS TAX INCENTIVES TO MOVIEMAKERS

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

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 […]

MOVIE TAX CREDITS BILL STALLED IN HAWAIIAN LEGISLATURE

The bill that would have raised the tax credits for film and TV productions shot in Hawaii has stalled in the Hawaiian legislature and with it plans to build two movie studios, on the islands of Oahu and Maui. The bill would have boosted tax credits on films shot in Oahu to 35 percent from […]

HAWAII MAY UP TAX CREDITS FOR SHOOTING OUTSIDE OAHU

Some Hawaiian lawmakers want to see some of the other islands share in the benefits of film production that the principal island of Oahu, where Honolulu is located, has enjoyed. A bill currently before the legislature would increase production tax credits from 20 to 40 percent on all the islands except Oahu, where they would […]

CALIF. FILM CREDITS DRY UP; SO DOES PRODUCTION

Illustrating how dependent the local film and TV industry has become on tax credits, FilmL.A., the semi-official agency that coordinates the issuance of permits for location shooting in the Los Angeles area, said that overall production activity fell 20 percent last week compared with the comparable week a year ago. Feature film production took the […]

APPLYING FOR CALIF. TAX CREDITS? ACT FAST!

Producers wishing to apply for tax credits under California’s $100-million annual Film & Television Tax Credit Program are being encouraged to file their applications on June 1 or face the possibility of being placed on a waiting list. The program, launched in 2009 to counter tax incentives offered by other states and countries, has quickly […]

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