A taxpayer may elect to treat the cost of any qualified film or television production, and any qualified live theatrical production, as an expense which is ...

Deductible. Producers or active financial participants in qualifying film and television productions may elect to immediately deduct the cost of qualifying film ...

Filmmakers and investors may qualify for tax breaks under 26 USC § 181 (Section 181), for any qualified film or television production.

A taxpayer may elect to treat the cost of any qualified film or television production, and any qualified live theatrical production, as an expense which is not ...

Section 181 permits a deduction for the first $15,000,000 (or, if applicable under paragraph (b)(2) of this section, $20,000,000) of the aggregate production ...

20 янв. 2022 г. · Section 181 permits a 100% deduction for the first $15 million of the cost of producing a film that is shot in the US (even before the film is released).

A taxpayer may elect to treat the cost of any qualified film or television production, and any qualified live theatrical production, as an expense which is ...

26 дек. 2023 г. · Now, certain investors in film and theatrical projects that begin production in 2015 or 2016 may deduct their investment in the year in which the entity that ...

12 мар. 2020 г. · Unlike the bonus depreciation added with the passage of TCJA, IRC Section 181 limits deductions for production costs to $15 million. That cap ...

12 окт. 2016 г. · Section 181 allows producers and production companies elect to expense up to $15 million of production costs ($20 million in the case of production in certain ...