Government,
Entertainment & Sports
Oct. 30, 2024
Film tax credit proposal unlikely to boost entertainment lawyers' workload
Gov. Newsom's proposed film tax credit changes have been met with a mixed response by entertainment attorneys. They say that while production has been shifting interstate or overseas, studios continue to retain California lawyers.
Gov. Gavin Newsom's proposal to dramatically increase California's annual Film & Television Tax Credit Program should bring Hollywood productions back to California from out of state and overseas but is unlikely to affect the work of attorneys who handle Hollywood's production deals, lawyers say.
"The impact on the lawyers is somewhat minimal. In my view it's non-existent," Michael C. Donaldson, a partner with Donaldson Callif Perez LLP, said on Tuesd...
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