9 min listen
Filming on Location? It's Lights, Camera, Tax Breaks!
FromTalking Tax
ratings:
Length:
8 minutes
Released:
Jul 2, 2020
Format:
Podcast episode
Description
By now it's no secret that many states offer film and television productions huge tax breaks. But what you may not know is that those tax breaks can be bought and sold, and they've been ending up in the hands of some very wealthy businesses and individuals—including one person who is arguably the wealthiest, most famous woman on Earth.
On this week's episode of Talking Tax, reporter Sam McQuillan explains to host Siri Bulusu why Hollywood studios are selling the tax credits they get from states, who's buying these credits, and whether there's any momentum among policy makers to address this show business tax scheme.
On this week's episode of Talking Tax, reporter Sam McQuillan explains to host Siri Bulusu why Hollywood studios are selling the tax credits they get from states, who's buying these credits, and whether there's any momentum among policy makers to address this show business tax scheme.
Released:
Jul 2, 2020
Format:
Podcast episode
Titles in the series (100)
Tax & Accounting Podcast- Episode 26- Draft Health Care Bill Faces Compromises Before Vote: The Senate is likely to vote the week of June 26 … by Talking Tax