Posted 10 February, 2007 in FilmUSA
By Brooks Boliek
WASHINGTON — In a blow to the attempt to curtail runaway film production, an IRS ruling took effect Friday that threatens to severely undercut a tax credit designed to give financial incentives for movies made in the U.S.
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Posted 9 February, 2007 in FilmUSA
Ruling hurts independent film productions
By WILLIAM TRIPLETT
The Internal Revenue Service issued a ruling Friday that effectively guts tax incentives Congress crafted three years ago for independent filmmakers. (more…)