Trump, Congress Weigh 1 Federal Tax Credit for U.S. Film Production
Updated
Updated · NPR · Sep 13
Trump, Congress Weigh 1 Federal Tax Credit for U.S. Film Production
3 articles · Updated · NPR · Sep 13
Summary
Federal tax incentives for film production are under consideration by President Trump and Congress, opening the door to a new nationwide credit for movies and TV shows made in the U.S.
The proposal is aimed at reversing production flight overseas by making domestic shoots more financially competitive for studios.
If enacted, the incentive could shift where projects are filmed, with Washington betting tax relief would keep more industry spending and jobs inside the United States.