State investigators today charged that a Cape Cod filmmaker fraudulently obtained $4.7 million in film tax credits over several years and then sold those credits to Wal-Mart and Bank of […]
Film tax credit
Posted inEconomy, Opinion
Film tax credit: take two
There’s no denying the excitement when a major motion picture production comes to your neighborhood. Increasingly, in recent years, movie making has moved out of the Hollywood soundstages to our streets […]
Posted inEconomy
Many states trimming their film tax credits
Massachusetts is aggressively courting Hollywood productions with its film tax credit, but the movie-making tax incentives have lost some of their luster in other states, according to a new study […]
Posted inEconomy, Politics
Hollywood stars not paying taxes?
Some of Hollywood’s hottest stars may be shortchanging Massachusetts on their taxes. A brief reference at the end of the state Revenue Department’s latest report on the film tax credit […]
Posted inEconomy
Negative reviews for film tax credit
Officials from four Massachusetts think tanks offered differing perspectives on the state’s strategy in doling out corporate tax breaks, but they all agreed on one thing: the film tax credit […]
Posted inThe Download, Uncategorized
Tom Cruise stars in Beacon Hill budget thriller
Talk about star power: The fear that a Tom Cruise movie might decamp Massachusetts for Georgia prompted Beacon Hill lawmakers and Gov. Deval Patrick to flip-flop on a proposal to […]
Posted inEconomy
Subsidizing the stars
UPDATE: Since the spring issue of CommonWealth went to press, the Massachusetts Revenue Department released a report indicating the financial impact of the state’s film tax credit could be substantial. […]
