Daily News | $5 million was set aside for small Pa. filmmakers. Harrisburg gave it to M. Night Shyamalan.
and other big-budget productions taking most of Pennsylvania’s film subsidies, small-budget independents felt left out. Few taxpayer subsidies were available for them. So they applauded over the summer when Harrisburg fattened the film tax credit pot by 43% to $100 million and set aside $5 million especially for Pennsylvania-based companies.
The Department of Community and Economic Development , which oversees the Pennsylvania film office, confirmed last Monday in an email that Shyamalan got the tax credit for, a film slated for release in 2023. The state agency said that the law failed to specify how many film-production firms should be awarded a tax credit — and thus it could go to a single firm, instead of the several Saylor envisioned when championing the law.
Created in 2007, the film tax credit program subsidizes entertainment companies shooting and producing in Pennsylvania. Film crews stay in Pennsylvania hotels and eat in local restaurants. They can do this for months. Because of how Pennsylvania structures the film tax credit program, the $100 million supports about $400 million in film and media production, experts say. A company can use the tax credits to reduce its state taxes or sell them.
As for the $5 million tax credit going to one project, Carballada said: “I don’t understand how that happened. Everybody knew what it was for.” Dave Bowers, a film tax credit consultant in Exton, said Pennsylvania film tax credits have “trended severely away from [independents] and toward bigger projects.”Sharon Pinkenson, executive director of the Greater Philadelphia Film Office, does not make the decision on state film tax credits. “I advocate for tax credits for our filmmakers,” she wrote in an email. The DCED film office “makes the decisions of who gets them and who does not,” she wrote.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Denver weather: Light snow on tap for Saturday night, with a bigger storm expected Monday nightSnow could make a return appearance Saturday night into Sunday morning, greeting some travelers returning home from the holiday weekend. But metro Denver should only see a dusting to a half inch, w…
Leer más »
Group protests outside Harrisburg-area fur companyThe peaceful protest along South Front Street Saturday objected to the use of animal pelts and furs, calling them cruel, unnecessary and barbaric.
Leer más »
Boy killed in Harrisburg shootingThe shooting occurred at 4:30 p.m. at 3rd and Kelker streets, according to the city spokesman. The killing was the 21st homicide so far this year in Harrisburg.
Leer más »
Investigation continues into Harrisburg shooting that kills 17-year-oldThe fatal shooting took place near the intersection of Third and Kelker streets around 5:30 p.m. Saturday, according to police.
Leer más »
81 Pop Culture Trivia Questions And Answers For Your Next Celebrity-Themed Game NightAll of the time you spend on Twitter has been leading up to this.
Leer más »