Advertisement
YOU ARE HERE: LAT HomeCollectionsIncentives
IN THE NEWS

Incentives

BUSINESS
January 2, 2014 | By Richard Verrier
Hollywood stakeholders are calling on California to bolster its film and TV tax credit to keep its homegrown industry from permanently leaving the state. Film industry and union officials are mobilizing to back legislation this year that would substantially increase funding for the state's film incentive program and lift some restrictions to make the program more competitive with those offered by New York, Georgia and other states and countries. "The bottom line is, these countries and these states realize what production means to them, and we have to show them [lawmakers]
Advertisement
NATIONAL
December 30, 2013 | By Evan Halper
WASHINGTON - Jennifer Tadlock doesn't yet have all the talent lined up for the small-budget dramatic action feature she hopes to film next year, let alone a full crew. But she does have a tax break, and it's expiring, which was enough to get her behind the camera last month. Tadlock spent about $500 to hire a skeletal crew and nonunion talent to film just one scene near her home in Fresno. "We did the makeup ourselves," she said. The scene, involving teenagers plotting to harass an elderly woman, may never appear in the final cut. But by shooting this year, Tadlock hopes to lock in place the tax break that was key for investors who put up the $6 million she'll need to shoot "Shades of Grace" for real next year.
SPORTS
December 18, 2013 | By Bill Shaikin
The Angels have agreed to terms with Raul Ibanez on a one-year contract to be their designated hitter. The contract would guarantee Ibanez $2.75 million, with incentive bonuses that could make the deal worth $5 million. Ibanez would earn all the bonuses if he remains in the lineup all season. The signing would leave the Angels with one major item on their off-season shopping list: a veteran starting pitcher. The team appears to have about $13 million to $15 million under the luxury-tax limit - incentive payments count toward a luxury-tax bill - which should allow them to be competitive in bidding for Matt Garza and Masahiro Tanaka, assuming Tanaka becomes available.
CALIFORNIA | LOCAL
December 18, 2013 | By Anh Do
Orange County is offering more than $1 million in incentives to airlines willing to make direct flights to Hawaii, Mexico and Washington, D.C., out of John Wayne Airport. The last flight to Hawaii out of Orange County was in 2010, the year Continental Airlines pulled out of the market. John Wayne has never had direct service to the nation's capital. Orange County supervisors on Tuesday unanimously approved a package of $1.3 million in incentives and rent discounts to entice airlines.
ENTERTAINMENT
December 5, 2013 | By Richard Verrier
The United Kingdom, already a leading international hub for filming, is doing even more to roll out the red carpet. The UK government on Thursday said it would strengthen tax credits for the film industry and offer new inducements to lure more visual effects business. Among the key changes, the government said it would offer a 25% credit on the first $32.7 million of qualifying production expenditure, and 20% thereafter. Currently, such projects could only claim a 20% rebate. Additionally, companies wouldn't have to spend as much in the country to qualify for UK film credits.
AUTOS
November 13, 2013 | By Jerry Hirsch
One of the reasons why electric cars are poor sellers is because consumers have little understanding of the financial incentives and other benefits available to owners of the vehicles. That's the finding of two Indiana University researchers who surveyed more than 2,000 drivers in 21 of the nation's largest cities. They discovered that 95% of respondents didn't know about state and local subsidies, rebates and other incentives. For example, only 2 out of 758 survey respondents living in areas where subsidies for home charging equipment are offered were aware of their availability, the researchers said.
BUSINESS
November 6, 2013 | By Andrea Chang
Amazon.com wants to help out the corner bookstore.  The Seattle Internet giant on Wedneday introduced Amazon Source , a program that enables independent booksellers to earn money from the sale of Kindle e-books -- if they sell Kindle devices and accessores in their stores. A participating retailer can receive 10% of all revenue from Kindle e-books purchased on Kindle devices sold by the store for the first two years after a customer buys the device.  PHOTOS: Apple's new Mavericks OS X: Top 10 features to check out Russ Grandinetti, vice president of Amazon Kindle, said the program meant customers no longer had to choose between e-books and their neighborhood bookstore.  "Many customers want to read both digital and print books,” he said.
CALIFORNIA | LOCAL
November 3, 2013 | By Teresa Watanabe
Los Angeles school police have sharply curtailed the number of tickets issued for truancy to L.A. Unified students by 93.7% over the last four years, reflecting a step back from punitive disciplinary practices, according to a new report. The report, by the Community Rights Campaign - an organizing effort to shift student disciplinary actions from police to schools and communities - also found that tickets for all offenses plunged by 54.8% from 2011-12 to 2012-13. But African Americans and Latinos still receive a disproportionate number of tickets: Blacks were almost six times and Latinos were twice as likely to be ticketed than whites, according to the report released last week.
CALIFORNIA | LOCAL
October 14, 2013 | By Laura J. Nelson and Steve Dilbeck
In an effort to reduce the traffic headaches of thousands of fans trying to pack into Dodger Stadium on  Monday, officials plan to open bus lanes to carpools of four or more people. The carpools will also get free parking as the Dodgers take on the St. Louis Cardinals shortly after 5 p.m. The Dodgers announced their new policy after recognizing how difficult, if not impossible, it was to accommodate all the cars for the sellout crowd for Game 4 of their National League division series against the Atlanta Braves. More than 20,000 cars parked that night and hundreds of drivers without parking passes were turned away.
SCIENCE
September 11, 2013 | By Karen Kaplan
How do you get doctors to do a better job of controlling their patients' high blood pressure? Pay them, according to the results of an unusual clinical trial. For a typical doctor treating 1,000 patients for hypertension, extra payments of $1,648 were enough to get blood pressure under control - or at least get doctors to prescribe the right drugs and recommend the right lifestyle changes - for 84 additional patients. Those payments (distributed over 20 months) amounted to about 1.6% of the doctor's annual salary.
Los Angeles Times Articles
|