Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State or Territory: | Pennsylvania |
Effected Jurisdiction: | Pennsylvania |
Jurisdiction type: | State or Territory |
Fiscal year ending In: | 2023 |
Program name: | Film Production Tax Credit |
Program purpose: | Film, TV, and/or media |
Statutory authority: | Article XVII-D of the Tax Reform Code of 1971 |
Abating jurisdiction(s): | State of Pennsylvania |
Applicable taxes: | Corporate Income Tax; Personal Income Tax; Bank and Trust Company Shares Tax; Insurance Premium Tax; Title Insurance Company Shares Tax;; Mutual Thrift Institutions Tax |
Method of abatement: | Tax Credit |
Provisions for recapture: | The recipient is required to pay back some or all of the benefits received. |
Gross revenue loss: | $70,600,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $70,600,000 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.budget.pa.gov/Publications%20and%20Reports/AnnualFinancialRe... |