Winehole23
04-21-2011, 04:51 PM
Palin's reality show will receive $1.2 million in film tax credits
By KYLE HOPKINS (http://www.adn.com/contact/khopkins/index.html)
[email protected] (%[email protected])
(%[email protected])
Published: February 19th, 2011 12:26 AM
Last Modified: February 19th, 2011 05:17 PM
"Sarah Palin's Alaska," the TLC reality show starring the former governor in her home state, will receive about $1.2 million in tax credits for filming in Alaska, the state says.
Under a state subsidy created by the Legislature in 2008 and signed into law by Palin, Alaska allows film and TV producers to recover 30 percent or more of the money they spend on filming in the state.
All told, the Palin show spent $3.6 million in Alaska, the state says.
TV and movie-makers may not have a significant tax liability in Alaska but can sell their credits at a discount to corporations that do. The tax revenue would have otherwise gone into state coffers...
Read more: http://www.adn.com/2011/02/18/1711191/palins-reality-show-will-receive.html#ixzz1KCGFr0pw
By KYLE HOPKINS (http://www.adn.com/contact/khopkins/index.html)
[email protected] (%[email protected])
(%[email protected])
Published: February 19th, 2011 12:26 AM
Last Modified: February 19th, 2011 05:17 PM
"Sarah Palin's Alaska," the TLC reality show starring the former governor in her home state, will receive about $1.2 million in tax credits for filming in Alaska, the state says.
Under a state subsidy created by the Legislature in 2008 and signed into law by Palin, Alaska allows film and TV producers to recover 30 percent or more of the money they spend on filming in the state.
All told, the Palin show spent $3.6 million in Alaska, the state says.
TV and movie-makers may not have a significant tax liability in Alaska but can sell their credits at a discount to corporations that do. The tax revenue would have otherwise gone into state coffers...
Read more: http://www.adn.com/2011/02/18/1711191/palins-reality-show-will-receive.html#ixzz1KCGFr0pw