Is Federal Film Tax Break About To Ride Into The Sunset?

Section 181 of the Internal Revenue Code has been providing tax breaks to investors in films and TV shows shot in the United States for more than a decade. But without an act of Congress, it will expire at the end of the year. Given the current political climate, there’s a good chance it won’t be renewed.
That uncertainty, in turn, has led to something of a “gold rush,” as investors and producers scramble to take advantage of the law before it expires, says attorney Hal…

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