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Utah Governor Signs Tax Credit Legislation for Film Industry

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Utah’s Legislature approved a nationally competitive increase in the tax incentive for film makers that will boost the motion picture tax incentive from 20 to up to 25 percent of the dollars left in the state in the form of a fully refundable post performance tax credit or cash rebate. Governor Gary R. Herbert signed House Bill 99, Motion Picture Incentives Amendments, into law. The Legislature approved an ongoing tax credit fund of $6.8 million for the Motion Picture Incentive Fund (MPIF).

“Our vision for the State of Utah is to be recognized as a premiere global business destination,” said Governor Herbert. “The expanded motion picture incentive will enable us to position Utah and its talented motion picture and digital media work force to compete on a global basis for the film and digital media industries. These are important industries to our economy’s future.”

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Midwest Milestones

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Heading out to the Midwest, you’ll find that many of Hollywood’s biggest blockbusters are taking the region by storm. The third Transformers film was shot in both Illinois and Indiana, and the city of Chicago has hosted the Dark Knight franchise. At the same time, Kansas and Missouri are churning out popular independent films like Winter’s Bone, which exposed audiences to the under-photographed Ozarks. And Kansas City, lying in both Kansas and Missouri, boasts some of the region’s most unexpected and interesting film festivals. This dynamic region offers large cities and vast plains along with experienced crew, eager film offices and large state-of-the-art facilities. So it’s no surprise that the Midwest is getting more and more well-deserved attention these days.

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U.S. Incentive Update

Cast and Crew Entertainment Services, LLC reports on the changes in tax incentives that various states within the U.S. are proposing in an effort to attract more productions.

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Top Notch International Locations 2011

TopInt_Singapore_THE-FULLERTON-HOTEL_1-Fullerton-Square_SFWAs international competition intensifies to host the world’s highest-budget features, filmmakers are getting meticulous when it comes to researching the ideal place to shoot their cinematic epics. Furthermore, the ongoing financial challenges of our global economy exacerbate the underlying negotiations for the financial incentives that will best cater to filmmakers’ ambitions. With that in mind, P3 Update collects data on the most popular international filmmaking destinations for 2010.

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Expert Advice for Scriptwriters

Writer_Michael_ArndtIn a recent panel discussion equipped with an incredible line up of writers including Michael Arndt (Little Miss Sunshine and Toy Story 3), Lena Dunham (Tiny Furniture), Nicole Holofcener (Walking and Talking, Lovely & Amazing and Friends With Money), Billy Ray (Breach, Shattered Glass and State of Play) and moderator Robin Swicord (Memoirs of A Geisha and Little Woman), hot topics were discussed on characters, feedback and ambition.

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