Monday, January 7, 2008

Wisconsin’s Film Tax Credits.

On January 1, 2008, several tax credits for the film industry became effective in Wisconsin. These tax credits include the:

1) Film Production Services Credit.

2) Film Production Expenditures Credit.

3) Sales and Use Tax Credit.

4) Film Production Company Investment Credit.

These tax credits are being hailed as some of the best film tax credits in the United States. As the Wisconsin film production industry continues to grow, these tax credits should provide tremendous benefits to both film production companies and the Wisconsin economy. On May 16, 2007, I recorded a more detailed discussion of the Wisconsin Film Tax Credits in a podcast that can be found at http://www.wbb-law.com/podcast/#722

For information on how to obtain the tax credits and making movies in Wisconsin, see the Film Wisconsin Website: http://www.filmwisconsin.net/

For an article on the early success of the Wisconsin Film Tax Credits, see the article in the Wisconsin Journal Sentinel: http://www.jsonline.com/story/index.aspx?id=702482

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