Washington increases tax incentive from 20% to 30%
Governor Gregoire has signed a bill increasing Washington State's film tax incentive from 20% to 30%. The Motion Picture Competitiveness Programme's increase makes Washington State exponentially more competitive as a filming location and promises to bring significant economic development to the state in the form of immediate job creation and production spending in the local economy.
Governor Gregoire said: "The additional incentives provided in this legislation will make Washington state much more competitive in the film industry. For every industry, Washington must do what it can to attract new business and create new jobs. Along with Washington's beautiful locations, this legislation ensures our state is providing the right business environment that's appealing to producers and directors."
The 30% tax incentive increase comes just in time for WashingtonFilmWorks Staff to spread the news at Locations Trade Show in Santa Monica.
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