Changes

The producers calculate below an annualized 35% return using a federal tax bracket of 20% and an annualized return of 58% using a federal tax bracket of 35%.  These surprisingly large returns result entirely from state and federal government investment incentive programs.

The producers calculate below an annualized 35% return using a federal tax bracket of 20% and an annualized return of 58% using a federal tax bracket of 35%.  These surprisingly large returns result entirely from state and federal government investment incentive programs.

Unlike many other vehicles, the tax benefits of film production are independent of whether or not the film makes a profit.  They result solely on expenditures during production being made in the state of Illinois and the United States.

<b>Unlike many other vehicles, the tax benefits of film production are independent of whether or not the film makes a profit.  They result solely on expenditures during production being made in the state of Illinois and the United States.</b>

===Illinois Tax Credit===

===Illinois Tax Credit===