Indeed, the new legislation provides for stricter rules and audit requirements, while increasing the time it takes for productions to monetize the tax credit benefits. These measures, and a few more discussed below, are intended to address critics and inconsistencies with the current tax credit quantification process in a manner that results in a win-win for all involved.
During September 10-13, the festival will screen a mix of local, national, and international short and feature films streamed via RoleCallWatch. Along with films, the festival will include social media filmmaker interviews, panels and behind-the-scenes content.
Aggressor Adventures, leading adventure travel brand, and Wild Harvest Productions are diving into the wild countryside of Belize to discover the beauty and bounty of local, sustainable harvesting during a few special episodes of Les Stroud’s Wild Harvest.
The entertainment professional becomes an employee of the corporation and the corporation “loans out” the services of the employee/shareholder. Loan Out Corporations enable entertainment professionals to maximize the deductibility of all of their business-related expenses.
The Columbus Film Commission is inviting those interested to attend the next Focus Film Columbus GA event. This virtual event will take place on August 26th at 2:00 PM and will be hosted via ZOOM.
The new law appears to be in response to an audit report issued by the Department of Audits and Accounts (DOAA) earlier this year that called into question the manner in which both the Department of Revenue (DOR) and the Department of Economic Development (DEcD) have administered the film tax credit.
The Savannah College of Art and Design (SCAD) is proud to announce a team of SCAD students from its School of Entertainment Arts has won the grand prize in the 2020 Coca-Cola Refreshing Films program, a student filmmaking competition. SCAD students also won the competition in 2019.
Governor Brian P. Kemp, in conjunction with the Georgia Department of Economic Development (GDEcD), announced a strong start to the first month of fiscal year 2021, as the state attracted new investment projects. In the month of July, Georgia announced roughly $574 million in new investments and 3,629 new jobs created in nearly every region of the state.
So what are some of the changes we are seeing in the COVID-19 environment? For certain, it has taken more time to get policies approved with additional questions being asked. We are advising all clients to start the process earlier than before to ensure the production is not delayed due to a delay in the policy issuance.