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Atlanta is the new Hollywood. Many of the major studios are now seeking a new place to film movies. Why is Hollywood filming movies in places like Atlanta and Connecticut? Well, the answer lies in the taxes for the production companies who film major motion picture projects. When a production companies films out of state they get a tax credit for filming in that city or town. The Governor of Georgia has set up tax credits for companies shooting movies in state which helps bring down the cost of production.
The Movie Industry Is Creating Jobs
Shooting movies creates jobs and brings money into the Georgia economy. Atlanta is being called The New black Hollywood of the south. Many of your major studios are set up in Atlanta. A lot of TV shows like 911, The Resident, Star, Atlanta, and many others are shot in Atlanta. The Atlanta film and television industry is becoming a major powerhouse for Hollywood.
Bringing Hollywood to Georgia — College of Law — Georgia State …
ATLANTA — When Hollywood film production companies began to increasingly look Georgia’s way a few years ago, Don Mandrik was waiting for them. … only familiar with all facets of film production and finance but also with the new Georgia Entertainment Industry Investment Act, the state’s second and most progressive tax incentive program afforded to film producers, which was signed into law by then-Governor Sonny Perdue in May 2005 and updated in May 2008. …
Publish Date: 08/23/2011 14:55
http://law.gsu.edu/6972.html
What is Production Tax Credit | 35mm film
Thіѕ іѕ tο ѕау, јυѕt bесаυѕе several studios аnԁ production complexes саn bе found within a state, іt ԁοеѕ nοt mean thеу wіƖƖ аƖƖ offer аt thе equivalent level οf quality οr provide thе exact same amenities. Recently, both … Production tax credit іѕ a bіɡ factor іn terms οf selecting a state tο movie іn, whісh ехрƖаіnѕ whу EUE/Screen Gems hаѕ gotten total advantage οf іtѕ perfect production locations іn Wilmington, North Carolina аnԁ Atlanta, Georgia. Abουt thе …
Publish Date: 09/11/2011 9:43
http://www.35mmfilm.org/what-is-production-tax-credit/
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