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Premier David Eby said the Production Services Tax Credit — which goes to international productions — will increase from 28% to 36%. The domestic credit will also increase from 35% to 36%.
FilmLA, the quasi-public agency that handles film permits in Los Angeles, called on Wednesday for a “vast expansion” of the California production incentive, citing a 20% drop in local filming ...
The Department of Canadian Heritage sets out objectives for the CTF within a Contribution Agreement. The main goal of the CTF is to support the creation and broadcast in peak viewing hours of high-quality Canadian television programs in both official languages in the genres of Drama, Children's and Youth, Documentary, and Variety and Performing Arts, and to build audiences for these programs.
*HI - This tropical state offers refundable tax credits where production receives a cash refund after filing tax return. This state's rates are 20% on certified production expenditures with a 5% extra credit for production in counties outside of Honolulu County. $15M is the tax credit cap per production with a minimum spend number of $200k.
This incentive, the renewable energy Production Tax Credit (PTC), [34] was created under the Energy Policy Act of 1992 (at the value of 1.5 cents/kilowatt-hour, which has since been adjusted annually for inflation). [35] In late 2015 a large majority in Congress voted [36] to extend the PTC for wind and solar power for 5 years and $25 billion ...
According to an economic impact study commissioned by the Illinois Production Alliance, the state’s program brings a $6.81 return on investment for every dollar given out in tax credits.
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Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less ...