California’s $750 Million Film Tax Credit Could Result in Diminishing Returns, Experts Warn

California’s $750 million film tax credit could result in diminishing returns, experts warn

Despite the large amount of money Gov. Gavin Newsom (D-CA) is throwing at Hollywood, California’s newly expanded tax credit program for film and television production likely won’t be the best bang for the Golden State’s buck. California is now offering…

California's film tax credit likely to result in diminishing returns

Despite the large amount of money Gov. Gavin Newsom (D-CA) is throwing at Hollywood, California’s newly expanded tax credit program for film and television production likely won’t be the best bang for the Golden State’s buck. California is now offering an annual $750 million in tax credits to entice in-state production, Newsom announced earlier this month when he signed the bill into law. That amount is more than double what was previously offer…

California Competes Tax Credit application window is now open

CALIFORNIA – The California Jobs First Council announces that the application window for the California Competes Tax Credit (CCTC) is now open. The California Competes Tax Credit is an income tax credit available to businesses that plan to locate or expand in California and create quality, full-time jobs that might not otherwise be created by […]