Pennsylvania Film Production Tax Credit
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The Pennsylvania Film Production Tax Credit is a tax credit program supporting the production of feature films and television programs in Pennsylvania. The tax credit was signed into law by Gov. Ed Rendell in July 2004. The tax credit for qualifying productions equals a 20% reduction in Personal Income Tax, Corporate Net Income, Capital Stock/Foreign Franchise Tax. In order to qualify for the tax credit, the production must incur 60% of its total production expenses within Pennsylvania. The credit also applies to individual television shows that are 15 minutes or longer and intended for a national audience.…mehr

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Produktbeschreibung
The Pennsylvania Film Production Tax Credit is a tax credit program supporting the production of feature films and television programs in Pennsylvania. The tax credit was signed into law by Gov. Ed Rendell in July 2004. The tax credit for qualifying productions equals a 20% reduction in Personal Income Tax, Corporate Net Income, Capital Stock/Foreign Franchise Tax. In order to qualify for the tax credit, the production must incur 60% of its total production expenses within Pennsylvania. The credit also applies to individual television shows that are 15 minutes or longer and intended for a national audience.