TITLE

Spots Conspicuous By Their Absence In N.Y. Filming Incentive Packages

AUTHOR(S)
Wilcha, Kristin
PUB. DATE
January 2005
SOURCE
SHOOT;1/28/2005, Vol. 46 Issue 2, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that in recent months, new tax credits meant to attract more media and film production to New York State and New York City were introduced. Dubbed the Empire State Film Production Tax Credit, the incentive calls for the State of New York to contribute a total of $100 million over the next four years, $25 million annually, in order to offer a 10 percent tax credit on below-the-line production costs. The city production tax incentive, which is tied to the state legislation, offers a five percent refundable tax credit to those filming in New York City, which will be funded by an annual $12.5 million allocation.
ACCESSION #
16019849

 

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