California has been a little behind the times when it comes to tax credits and incentives. Many states across the country, including New Mexico, N. Carolina, Michigan, Louisiana among others offer up to 25% or more in tax rebates, credits and incentives. This can offset production and labor costs and save a production budget...
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California needs all the tools it can get in order to keep film, TV and commercial production in state. Many states throughout the US and countries abroad have active tax credit programs that lure producers, eager to cut costs, to their locale.
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Financing of film projects often requires an elaborate patchwork of investors, banks, soft money tax credits and in-kind services, and some companies specialize in financing specific stages of production. One of the overall themes of the industry that can at times make obtaining financing hard is the risks involved in making films, many of...
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