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Georgia has dropped an effort to cap its billion-dollar film and TV tax credit, after the state House and Senate could not reach agreement on the issue. Lawmakers have been working for nearly a ...
For more than a decade, films or TV shows that filmed in Georgia and spent at least $500,000 in the state could qualify for a 20-percent tax credit; putting a "Made in Georgia" logo on the final ...
The act granted qualified productions a transferable income tax credit of 20% of all in-state costs for film and television investments of $500,000 or more. An additional 10% tax credit was awarded to approved projects that embed a Georgia Entertainment Promotional logo within the titles or credits of each production.
Additionally, there is a $180M annual cap on tax credits held with the state. These events can unfortunately delay the monetization of credits. [27] *MA - In Massachusetts, the field of production can sell tax credits to MA taxpayers. On the flip-side, you can restore tax credit with the State for cash. That rate is 90% of the tax credits ...
(The Center Square) – The entertainment industry is pushing for more tax credits in Georgia, as industry leaders say other states and cities are pulling the industry away with promises of more ...
Georgia lawmakers will take a close look at all of the state’s tax incentives — including its TV and film production program — with an eye toward reforming the ones that don’t work. Gov ...
The Georgia state Senate has dropped a proposal to cap the state’s film and TV tax credit, after facing industry pushback and opposition from the state House of Representatives. The Senate ...
Pinewood Atlanta would feature at least five sound stages. The Pinewood Group was attracted to Georgia for the studio because of the state's film tax credit. [2] The first production to film at the studio was Marvel Studios' film Ant-Man (2015), which began in September 2014.
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