Bloomberg Tax
March 22, 2021, 8:46 AM

Hollywood Seeks to Be Film King Again With Expanded Tax Breaks

Laura Mahoney
Laura Mahoney
Staff Correspondent

Frustrated at losing movie and television production to other states with rich tax breaks, California is looking to expand its own incentives to keep its flagship industry at home.

Lawmakers are considering four bills—and more could be coming—that push against the limits of California’s 10-year-old film and television tax credit program and stay competitive with more generous breaks in states including Georgia, which has overtaken California as the top movie-production state, and New Mexico, which used incentives to land a Netflix Inc. production hub.

More than 30 other states use tax breaks to poach productions, with Hawaii, Illinois, Massachusetts, Montana, ...

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