1 Day
Source:
Los Angeles Times
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Trump Supports Federal Film Tax Credit
President Trump has endorsed a proposed federal film and TV tax credit aiming for a 15% to 20% credit on production labor costs, which could help retain Hollywood productions in California. The initiative has gained bipartisan support and is expected to compete with international and state incentives, with legislative details still being negotiated. Industry advocates believe that such a federal incentive could improve California’s competitiveness and help bring production jobs back to Los Angeles.
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