Quentin Tarantino's New Film Receives California Tax Incentive
It is one of 11 features that together have qualified for a new allocation of $62.8 million in credits under California's Film and Television Tax Credit Program 2.0.
Quentin Tarantino’s new film, currently referred to as Untitled #9, which is being produced by Sony, and Fox’s upcoming adaptation of Jack London’s The Call of the Wild, to be directed by Chris Sanders, have been selected to receive tax incentives under California’s expanded Film & Television Tax Credit Program 2.0.
The two films — among 11 new projects announced Monday that together will receive $62.8 million in incentives — were cited as examples of big-budget films that will shoot in the state as a result of the incentive program. The Tarantino film, which is set in Southern California in 1969, is expected to cost around $95 million and will receive credits of more than $18 million.
“Despite aggressive incentives worldwide, California is once again competing for big projects because we’re able to provide the best overall value,” California Film Commission executive director Amy Lemisch said in making the announcement. “Films today can be shot just about anywhere, so it’s great to see so much production returning to the Golden State.”
Other big-budget films that have received support from the program include Captain Marvel, Island Plaza, Midway, Ad Astra, Bumblebee and A Wrinkle in Time. Such projects would have been ineligible for tax credits under the state's first-generation Program 1.0, which was closed to films with budgets of more than $75 million. The new program, approved by Gov. Jerry Brown in 2014, tripled the size of the program from $100 million to $300 million annually, extending eligibility to a range of projects, including big-budget films, TV pilots and one-hour TV series for any distribution outlet, that had not previously qualified.
Other projects among the list of features announced Monday include Destroyer, directed by Karyn Kusama and starring Nicole Kidman; an untitled Noah Baumbach project for Amazon Studios; and an untitled project from writer/director Dan Gilroy starring Jake Gyllenhaal and Rene Russo.
"Everyone associated with our film is deeply thankful for the tax credit,” Gilroy said. “In California, we can draw on an unparalleled variety of locations and a deep pool of talent stretching back generations. There's a reason this place was the movie capital of the world for so many decades. Getting the tax credit is great for us and the production community that calls L.A. home."
The announcement noted that three of the 11 projects — Destroyer, Rim of the World and Girl With a Gun — plan to shoot a substantial number of scenes outside of the 30-Mile Zone surrounding Los Angeles, contributing to the program's goal to bring production jobs and spending to regions across the state.
A total of 54 projects (37 independent and 17 non-independent) applied for credits during the Oct. 16-20 application period.