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Bicoastal Applause For More NY Tax Credits

Deadline:

The entertainment community in Hollywood and the Big Apple is expressing relief today that New York state has renewed the 30% tax credit on film and television production for another 5 years through 2015. The NYS budget passed last night and newly signed allocates $2.1 billion to the program, with $420 million given out each annum. There's also $7 million a year set aside for New York-based the post-production and editing industry.

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Ru2242d ago

like they dont make enough money already