Media Law Prof Blog

Editor: Christine A. Corcos
Louisiana State Univ.

Tuesday, June 4, 2013

Ah, Film Tax Credits!

From the Hollywood Reporter: applications for California state film tax credits are up eighteen percent over last year. Meanwhile, the film tax credit so popular in Louisiana is under some scrutiny after a 2013 Louisiana Legislative Auditor's report  found that tax credits issued cost the state millions in lost tax revenue, an outcome which was not anticipated by the legislature.

Some reports suggest that generally, state film tax credits don't pay their own way, or actually cost money to states that offer them.

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