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: | New York |
| Effected Jurisdiction: | New York |
Jurisdiction type: | State or Territory |
| Fiscal year ending In: | 2019 |
| Program name: | Film & Commercial Production Credit |
| Program purpose: | Film, TV, and/or media |
| Statutory authority: | State Tax Law: Article 22, Section 606(gg), 606(jj) and 606(qq); Article 9-A, Section 210-B(20), Section 210-B(23) and Section 210-B(32); Article 1, Section 24, 28, and 31 |
| Abating jurisdiction(s): | State of New York |
| Applicable taxes: | Personal Income Tax; Corporate Franchise Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $758,000,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $758,000,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.osc.state.ny.us/reports/finance |
