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Tax Break Tracker Individual Entry

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.

Effected JurisdictionMassachusetts
Jurisdiction type: State
Fiscal year ending In2021
Program nameFilm Tax Incentive - Sales Tax Exemption
Program purpose: Film, TV, and/or media
Statutory authority: M.G.L. c. 62, § 6(l) and M.G.L. c. 63, § 38X
Abating jurisdiction(s): State of Massachusetts
Applicable taxesCorporate Excise Tax; Financial Institutions Tax; Insurance Premiums Tax; Personal Income Tax
Method of abatement: Tax Credit
Provisions for recapture: (no provisions for recapture)
Gross revenue loss: $68,130,000
Reimbursement / offset: $0
Net revenue loss: $68,130,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.macomptroller.org/annual-comprehensive-financial-reports/