Getting the most out of production tax credits

April 12, 2007 With 29 U.S. states now offering film and TV production tax incentives, producers can find money-saving shooting locales all across America, as well as in Canada and Eastern Europe. Sensing a need in the marketplace, outside consultants are stepping forward to help producers sort through the ever-shifting mountain of credits and rebates, as well as liaise with studios, production-services companies, tax-credit brokers and film commissions. "Even studios that have all of these people sitting in the back office that are supposed to be experts have been guilty of making the decision to go to these places to take advantage of a credit only to find that they don't qualify for it after they've gone there and spent a lot," says John Hadity, president and CEO of John Hadity & Assoc., an independent firm specializing in film and TV production planning and financing.

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