California Extends Film Tax Credit as New Jersey Expands Incentive to Lure Netflix Studio

California Gov. Gavin Newsom signed a bill on Monday that extends the state’s $ 330 million tax incentive for film and TV production. The program will be extended for five years through 2030. For the first time, the credit will be refundable, meaning that companies like Netflix that have little or no state tax liability can […]
Variety