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

    • 11.07.2023
    • By Gene Maddaus
    Variety

    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 receive cash back from the state. That change has been estimated to cost $200 million.

    Read the complete article on Variety