December 30, 2013 |
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.
December 29, 2013
Re "Making film deals with tax credits," Dec. 26 When a small Caribbean nation offers itself as a tax haven to a foreign corporation, it is not hard to see what is going on. The haven country is bribing the multinational, and the multinational is soliciting the bribe. Tax havens even compete to offer the best terms in the form of the lowest taxes. This sets off a race to the bottom in tax rates. One would hope for better at home, but here states compete by bribing filmmakers with tax credits.
December 26, 2013 |
ATLANTA - Ric Reitz makes movies. He helped bankroll the Matt Damon thriller "Contagion," Clint Eastwood's "Trouble With the Curve" and the Robert Downey comedy "Due Date. " Reitz, an energetic 58-year-old, doesn't hang out at the Polo Lounge, red-carpet premieres or swank offices in Century City. Instead, he works out of a former cotton mill near Martin Luther King Jr.'s boyhood home, hustling for business at Chamber of Commerce dinners and Rotary Club lunches. Recently, he was looking forward to attending a meeting of prosperous chicken farmers.
CALIFORNIA | LOCAL
December 16, 2013 |
MOUNTAIN VIEW, Calif. - Gov. Jerry Brown blasted the notion of government-imposed standards for public schools, saying he opposed efforts from Washington and Sacramento to dictate education policy. Using "data on a national or state level I think misses the point - that learning is very individual, very personal," Brown said during an on-stage interview Monday with the Atlantic magazine's James Bennet at the Computer History Museum. "It comes back to the teacher and the principal.
November 28, 2013 |
LAS VEGAS - Mayor Carolyn Goodman has a visitor. Impeccably dressed in a pricey blue suit, he gazes smugly past the mayor and her oversized desk inside the new City Hall - admiring commanding views of downtown and ocher-hued hills on the horizon. "This used to be my office," he announces. "No, you never worked here," she says dismissively. "Well, I designed the balcony. As my refuge for a martini and a cigar. " The mayor eyes this cross-to-bear caller. Over the next hour, she alternately describes him as a "big buffoon and phony," a "narcissist" and a "snake-charmer," along with "outlandish" and "brilliant.
November 13, 2013 |
At least one prominent state senator is throwing cold water on the idea of expanding California's film tax credit. “I'm not a fan of tax credits in general," Sen. Lois Wolk (D-Davis), chair of the Senate committee on governance and finance, said in a statement. "In fact, I'm a real skeptic of all of them and have done everything possible to limit their size and duration and to build in as much accountability as possible. " Industry advocates and city officials, including Los Angeles Mayor Eric Garcetti, have called on state lawmakers to strengthen and expand California's film tax credit, contending it is not doing enough to keep productions from fleeing Southern California.