ANNOUNCEMENT 27 Dec 2013

The state of Connecticut provided assistance under the Film Production Infrastructure Tax Credit program to NBC Universal Media, LLC.

 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

https://portal.ct.gov/DECD/Content/Film-TV-Digital-Media/02_Learn_About_Tax_Incentives/03-Film-Infrastructure-Tax-Credit and https://portal.ct.gov/DECD/Content/Film-TV-Digital-Media/02_Learn_About_Tax_Incentives/03-Film-Infrastructure-Tax-Credit and http://www.ncsl.org/Portals/1/Documents/fiscal/evaluation_database/2017_Connecticut_Revised_Annual_Report.pdf

Inception date: 27 Dec 2013 | Removal date: open ended
Still in force

Tax or social insurance relief

The state of Connecticut’s Film Production Infrastructure Tax Credit is available to a taxpayer that invests in a state-certified entertainment infrastructure project. The purpose of the credit is to help establish a film and digital animation industry presence in Connecticut by incentivizing capital investment in plant and equipment for pre- and post-production facilities and investment in educational programs that produce the workforce needed by the film and digital animation industry. To qualify for a 20% tax credit, your production capital project must spend at least $3 million to provide buildings, facilities or installations needed to operate in Connecticut.

One recipient of these credits was NBC Universal Media, LLC, which on December 27, 2013 received a $23,545,581 credit.

AFFECTED SECTORS

 
961

AFFECTED PRODUCTS

 
N/A