From known tax credit antagonist, Joe Kristan:
Before the Iowa Film Tax Credit program exploded in scandal in September 2009, the state had granted $31,967,641 in transferable tax credits to filmmakers. Yesterday the State Auditor reported that $25,576,301 were issued improperly — a full 80% of the credits granted.
Quite the field of dreams. Read more over at Tax Update Blog.
Also see:
What Are Your Taxes Buying Hollywood?
From known tax credit antagonist, Joe Kristan:
Before the Iowa Film Tax Credit program exploded in scandal in September 2009, the state had granted $31,967,641 in transferable tax credits to filmmakers. Yesterday the State Auditor reported that $25,576,301 were issued improperly — a full 80% of the credits granted.
Quite the field of dreams. Read more over at Tax Update Blog.
Also see:
What Are Your Taxes Buying Hollywood?
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