5 thoughts on “Fiscal Cliff Deal: Hollywood Gets Tax Incentive Extension

  1. Many states and even a few cities offer tv and film makers money in one form or another. Take New York as an example. Make a film there and you get a 30% tax credit. The budget for the credits is for over $400 million a year, every year, until 2014.

  2. Good news. Goldman Sachs Group Inc. handed insiders, including Chief Executive Lloyd Blankfein and his top lieutenants a early year end bonus for 2012 rather than waiting, as is normal, for January. The total of $65 million in restricted stock was handed out just hours before this year’s higher tax rates took effect. The move probably saved the group about $3 million on their tax bills.

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