Wednesday, January 5, 2011

On-location filming in L.A. jumps 37% in December (LA Times)

Although the migration has continued, California has been able to slow the outflow somewhat with its own film tax credits, which took effect in 2009. The program provides a 20% to 25% tax credit on qualified production expenses that can be used to offset state income or sales tax liabilities.

The state has awarded $300 million in tax credits to more than 100 projects in the first two years of the program, including some that filmed in December.
Definitely moving in the right direction - keep it up California!
Read the full article here.

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