California Lawmakers Near Deal to Address Impact of Tax Cap on Film Credits

California Lawmakers Near Deal to Address Impact of Tax Cap on Film Credits

Variety...

California Lawmakers Near Deal to Address Impact of Tax Cap on Film Credits

California lawmakers are closing in on a deal to help film producers who are facing new limits on their ability to monetize production tax credits. The agreement falls short of the entertainment industry’s goal of a full exemption from a $5 million annual cap on corporate tax credits, according to multiple sources. The state budget, […]

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