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California Lawmakers Near Deal to Address Impact of Tax Cap on Film Credits

California lawmakers are closing in on a deal to help film producers who are facing new limits on their ability to monetize production tax credits. The agreement falls short of the entertainment industry’s goal of a full exemption from a $5 million annual cap on corporate tax credits, according to multiple sources. The state budget, […]

California Lawmakers Near Deal to Address Impact of Tax Cap on Film Credits

We haven't written up this one. Variety has the full story — the link below goes straight to it.

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