ANNOUNCEMENT 31 Dec 2018

In 2018 a film company received New York Film Production Tax Credit program credits for a local production.

 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Dec 2018 | Removal date: open ended
Still in force

Tax or social insurance relief

Under the New York Film Production Tax Credit program credits of $420 million per year can be allocated and used to encourage companies to produce film projects in New York. Production companies may be eligible to receive a fully refundable credit of 30 percent of qualified production costs and post-production costs incurred in New York State.

One such production to receive this incentive in 2018 was Quantico - Season 2, for which ABC received $22,060,658.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A