On July 24, 2012, Governor Cuomo signed legislation expanding the availability of tax credits for the film and television industry in New York by increasing the tax credits for post-production expenditures. S. 7244A-2011, A. 10244A-2011. Under the amended law, the Empire State Film Production Credit for postproduction work performed in New York increases from 10% to 30% in the New York metropolitan commuter transportation region (New York City and seven surrounding counties), and to 35% elsewhere in the State.
Register Now As you are not an existing subscriber please register for your free daily legal newsfeed service.Register
If you have any questions about the service please contact email@example.com or call Lexology Customer Services on +44 20 7234 0606.
Governor signs legislation to expand tax credit for film and television industry
- Morrison & Foerster LLP
- September 5 2012
If you are interested in submitting an article to Lexology, please contact Andrew Teague at firstname.lastname@example.org.
"Lexology is one of the few newsfeeds that I do actually look over as and when it comes in - the information is current; has good descriptive headings so I can see quickly what the articles relate to...
"Lexology is one of the few newsfeeds that I do actually look over as and when it comes in - the information is current; has good descriptive headings so I can see quickly what the articles relate to and is not too long."
Senior Legal Counsel, Bankwest Business
Bank of Western Australia Ltd