Wednesday, March 4, 2009

Officials not sold on film tax incentive

By Christopher Behnan • DAILY PRESS & ARGUS • March 4, 2009

Some Michigan officials contend the state's film tax incentive caused far more than $50 million to leave the state and created far fewer than 2,800 jobs in 2008, despite findings of the Michigan Film Office.

On Monday, the Film Office submitted a three-page report that states the program — which rebates up to 42 percent of a production's expenditures in Michigan — will issue nearly $50 million in film incentive tax rebates for 35 films completed during 2008.

Those 35 film productions spent $125 million in Michigan and created 2,800 jobs, the report states.

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