Quicksummer Entertainment LLC

New York OKs Tax Incentives

In an effort to lure film and TV productions companies to New York ? and keep them there ? Gov. George Pataki on Tuesday approved a series of tax incentives totaling $100 million over four years for productions in the state. To be eligible, producers would be required to film 75 percent of their movies or TV shows in the state ? thereby eliminating those companies looking to use the state (particularly New York City) for exteriors. In a statement, Katherine Oliver, commissioner of the Mayor's Office of Film, Theatre and Broadcasting, said: "New York City has always offered filmmakers the most incredible locations in the world, and this new legislation makes it more attractive to shoot interiors alongside the city's unparalleled exteriors."
2004-09-07 12:21:11