Posted 3 August, 2008 in FilmUSA
Senators Dianne Feinstein (CA) and Gordon Smith (OR) recently introduced S. 3333, the “Domestic Film Production Equity Act of 2008.” The Act expands the provisions of Section 199, Deduction for Domestic Activities, by allowing a deduction for part-time and temporary services performed in the United States by actors, production personnel, directors, and producers. The proposed legislation also allows films distributed through the Internet or any other media to qualify, instead of only film and video tape.
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