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Michigan Film Office releases Effectiveness Report on Film Tax Credits- so far... |
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Written by Scott Paul Dunham
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Wednesday, 03 March 2010 |
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REFUNDABLE TAX CREDIT – OPERATION AND EFFECTIVENESS
This credit has been very effective in attracting qualified productions
to Michigan. We are currently ranked as one of the top 3 states in America for shooting all types of
media because of the refundable tax credit. Other key strengths for Michigan include our skilled work
force and our locations.
Filming expenditures in Michigan have increased from $125 million in
2008 to an estimated $223.6 million in 2009. Michigan jobs for crew exceed 4,000, with another 4,000 jobs for
actors, as both extras and day players. The bulk of the crew jobs average $30 or more an hour. In 2009, 126 companies applied for the refundable tax credit. Of those,
62 were approved and 46 of those companies completed their work in 2009.
READ MORE HERE:
http://www.michiganfilmoffice.org/cm/The-Film-Office/MFO2009-ANNUALREPORT.pdf
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