Record Number of Film, TV Projects Apply for California Tax Credits

Applications for California’s Film and Television Tax Credit Program have surged by more than 30% to 497 for the 2014-15 fiscal year. The five-year-old program has selected 23 projects for a tax credit allocation — down from 34 last year, whic.....»»

Category: topSource: varietyJun 19th, 2017

Record Number Of Projects Apply For California Film & TV Tax Credits

We won’t know for nearly a month who gets a piece of California’s $100 million Film and TV Tax Credit program pie this year, but we do know today how many projects were picked via lottery and how many applications were submitted. The California Fil.....»»

Category: topSource: deadlineJun 3rd, 2014

Record 497 Projects Apply for California"s Film and TV Tax Credits

Twenty-three projects were initially chosen by lottery, and the final list of approved projects will be announced July 1.read more.....»»

Category: topSource: hollywoodreporterJun 19th, 2017

DeadlineNow: It’s Time To Lose The Lottery For California Film & TV Tax Credit Program

Click here to view the embedded video. Related: Record Number Of Projects Apply For Calif. Film & TV Tax Credits.....»»

Category: topSource: deadlineJun 18th, 2017

California Sees $5.49 Billion in Economic Activity from $700 Million in Production Tax Credits

California’s film-TV production tax credit program has yielded $5.49 billion in total  direct  spending from $700 million in credits since 2009, a new report shows. The California Film Commission, which administers the program, also said that the .....»»

Category: topSource: varietyMar 29th, 2017

254 Films Apply for California Tax Credits

The California Film Commission is offering $55.2 million in the current round of its Film and Television Tax Credit Program.read more.....»»

Category: moviesSource: hollywoodreporterJul 29th, 2015

"Scream Queens" Moves Shoot After Nabbing California Tax Credits

The third and final round of TV projects announced will receive $37.6 million in tax credits and are expected to generate $313 million in in-state spending.read more.....»»

Category: moviesSource: hollywoodreporterMay 7th, 2016

Legislation to Boost California TV and Movie Tax Credits Proceeds Without a Key Figure

When California’s state Assembly gave unanimous approval recently to legislation that would expand film and TV tax incentives, it did so with a key figure left blank in bill AB 1839: The amount of money to be budgeted for the credits. While Los An.....»»

Category: topSource: varietyMay 31st, 2017

Tax credit shortfall costs California TV, movie production revenues

SAN FRANCISCO (Reuters) - A growing number of TV series and film crews have left California in search of tax credits elsewhere, causing $2 billion in revenue losses over the past four years to a state that is home to Hollywood and the U.S. production indu.....»»

Category: topSource: reutersMar 26th, 2017

UPDATE: LA Mayor Says Film & TV Tax Credit Expansion Is A Matter Of How Much Not If

UPDATE, 3:40 PM: Eric Garcetti said today that there will be an expansion of California's $100 million Film and TV Tax Credit Program, it is only a question of how much it will be.“Expansion and extension of  tax credits is about one thing – middl.....»»

Category: topSource: deadlineFeb 21st, 2017

‘Teen Wolf’ Takes $11.5 Million as Top California Production Tax Credit

The fifth season of MTV’s “Teen Wolf” will receive $11.5 million in tax credits, the highest of the 26 new allocations from California’s Film and Television Tax Credit program for the 2014-15 fiscal year. With $77.6 million, “Teen Wolf”.....»»

Category: topSource: varietyMay 5th, 2017

California Pushes Back Announcement of Production Tax Credit Winners (EXCLUSIVE)

With no notice, California’s Film Commission has moved back by a month when it will disclose the film and TV shows awarded this year’s coveted state tax credits. The list has usually been disclosed on the same day as the lottery — set for ne.....»»

Category: topSource: varietyMay 30th, 2014

Blockbuster! More Than $400M Proposed By Pols For California Film & TV Tax Credit Program

Look out New York, the home of Hollywood is about to give you a run for your tax credit money. As I reported last week, the effort to expand California's current $100 million Film and TV Tax Credit Program will see a proposal today in Sacramento to raise.....»»

Category: topSource: deadlineFeb 19th, 2017

California to boost tax credit for filmmakers

California is set to more than triple its tax credits granted to the film industry in a bid to limit an exodus of movie makers from Hollywood tempted by more generous aid. Governor Jerry Brown said he is set to sign an accord passed by the western US stat.....»»

Category: topSource: yahooJan 28th, 2017

California Senate Committee Takes Next Step to Boost Tax Credit

The California Senate Appropriations Committee took another step to move forward with legislation that would extend and expand the state’s film and TV production tax credits, although the bill still does not have a specific dollar amount. The legisl.....»»

Category: topSource: varietyFeb 26th, 2017

Legislation to Boost California TV and Movie Tax Credits Advances

Legislation to expand California’s film and TV tax incentives has cleared its first hurdle in the State Senate, a month after the Assembly approved the bill unanimously. The Senate Governance and Finance Committee approved Assembly Bill 1839 on a 4-.....»»

Category: topSource: varietyMay 14th, 2017

‘A Million Ways To Die In The West’, ‘Transcendence’ Haven’t Reaped Their New Mexico Film Tax Credits Yet

New Mexico’s film tax incentive program got two black eyes today at the PGA’s Produced By panel on state tax incentives. Transcendence and A Million Ways to Die in the West, which both shot in New Mexico last year, still haven’t receive.....»»

Category: topSource: deadlineJun 12th, 2017

California Boost: Will Tripling Tax Credits Work?

The news that California will more than triple the size of its tax credit program for movie and TV production was met with words of praise from crew members and studio reps, and pledges of  new jobs from politicians. Will it make sure Hollywood stays in .....»»

Category: topSource: varietyMay 27th, 2015

California business tax breaks would have to prove effectiveness

By Sharon Bernstein SACRAMENTO Calif. (Reuters) - Tax credits aimed at persuading businesses to locate in California would be subject to detailed performance reviews to make sure they are boosting the state's economy under a bill passed on Tuesday by the .....»»

Category: moviesSource: yahooAug 20th, 2014

New York State Tax Credits Yield ‘Dora and Friends,’ Other Post-Production Gains

The debut on Monday of Nickelodeon’s “Dora and Friends: Into the City” is giving New York state officials reason to trumpet the state’s boosted incentives for post-production work. While states offering tax credits for filmmaking u.....»»

Category: topSource: varietyFeb 15th, 2017

Lawmakers Unveil Overhaul of California’s Film and TV Tax Credit Lottery

California’s means of awarding film and television tax credits would switch from a lottery system to one based on an application’s ability to create new jobs, according to an outline of a series of amendments to pending legislation to expand a.....»»

Category: topSource: varietyFeb 17th, 2017