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Arizona will hand out up to $125 million a year in tax breaks to Hollywood, joining the ranks of just a handful of states with nine-figure caps in their incentive programs. Under a program that ...
The Doug Ducey–led state is set to compete with California, New Mexico, Georgia and Florida
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 ...
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Transaction privilege tax (TPT) refers to a gross receipts tax levied by the state of Arizona on certain persons for the privilege of conducting business in the state. TPT differs from the "true" sales tax imposed by many other U.S. states as it is imposed upon the seller or lessor rather than the purchaser or lessee.
Swift Transportation is a Phoenix, Arizona-based American truckload motor shipping carrier, part of Knight-Swift. With over 23,000 trucks, it is the largest common carrier in the United States. [ 2 ] In 2017, Swift merged with Knight Transportation , also of Phoenix.
For years, Arizona has watched with envy as New Mexico developed a thriving film economy thanks to a generous tax break. So now the state is getting in on the action. Gov. Doug Ducey, a Republican ...
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