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Jon Voight & Hollywood Push for U.S. Film Tax Credits

Jon Voight & Hollywood Push for U.S. Film Tax Credits

Published 2 weeks, 2 days ago
Description

Jon Voight and Hollywood Push for Federal Tax Credits to Keep Productions in the U.S.

Actor Jon Voight and industry bigwigs are advocating for a twenty percent federal tax credit on labor costs for U.S. film and TV productions. This move aims to rival overseas incentives and reverse the ten percent drop in U.S. filming in the first quarter. The U.S. currently captures only thirty-eight percent of the film and TV work, with the UK and Canada sharing a third. California has already doubled its incentives, leading to an eleven percent increase in L.A. shoot days.

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