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Jump to navigationJump to search→Production Funding by Income Tax Credits and Deductions
The funding mode is a concept that professional accountants could suggest to clients to whom they provide tax savings advice. This concerns earning substantial Illinois motion picture production income tax credits (35 ILCS 16/) and federal motion picture production income tax deductions (U.S.C. 181).
The funding mode is a concept that professional accountants could suggest to clients to whom they provide tax savings advice. This concerns earning substantial Illinois motion picture production income tax credits (35 ILCS 16/) and federal motion picture production income tax deductions (U.S.C. 181).
Much of our understanding of this "loan-investment" scenario came from an accounting firm which is on the list of the Illinois Film Office as those who purchase tax credits from film production companies.
Much of the producers' understanding of this "loan-investment" scenario came from an accounting firm which is on the list of the Illinois Film Office as those who purchase tax credits from film production companies.
==Usual Funding Modes==
==Usual Funding Modes==
