Posted inHollywood

Study Finds CA Tax Credit Created $22 Billion In Economic Output Over 5 Years

The Los Angeles Economic Development Corporation announced Friday that the California Film and Television Tax Credit 2.0 created nearly $21.9 billion in economic output over five years and supported 110,000 jobs. Overall, the program is estimated to have created $961.5 million in tax revenue for California, according to the analysis by LAEDC, which used data […]