Declaring foreign film production a national security threat, the president said he had asked his top trade official to start the process of imposing a tax on Hollywood.
Category: Tax Credits, Deductions and Exemptions
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Where Would Hollywood Find Its Guillotines or Pay Phones Without Them?
For nearly four decades the prop house History for Hire has helped filmmakers recreate the past. But with fewer films shot in Los Angeles, they are not sure how much longer they can hang on.
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When Taxpayers Fund Shows Like ‘Blue Bloods’ and ‘S.N.L.,’ Does It Pay Off?
Gov. Kathy Hochul of New York has proposed an increase in the film tax credit to stay competitive with New Jersey and other states.
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There’s a Feeling We’re Not in Hollywood Anymore
Movies and TV productions are rapidly leaving California to film outside the United States, where labor costs are lower and tax incentives greater. Industry workers are exasperated.
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With Harvard Threat, Trump Tries to Bend the I.R.S. to His Will
Since the post-Nixon era, the Internal Revenue Service has had a degree of independence from the White House. President Trump is seeking to change that.
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Why Does Harvard Have Tax-Exempt Status and Can the IRS Revoke It? What to Know.
The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of dollars. President Trump has questioned whether it should enjoy that status.
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Used Tesla Market Heats Up as Owners Sell to Protest Elon Musk
Teslas that have been sold or traded in during the backlash against the company’s chief executive have become bargains on lots.
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Republicans Like to Cut Taxes. With Tariffs, Trump Is Raising Them.
President Trump’s tariffs are scrambling the Republican plan for the economy, long centered on tax cuts and growth.
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Tax Tips for Those Who Haven’t Filed Their 2024 Returns
Despite the turmoil at the I.R.S., tax returns are still due on April 15. And, yes, there are still options for lowering last year’s taxable income.
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Obamacare Could See Big Changes in 2026
A proposed rule would restrict “eligibility, enrollment and affordability” in plans under the Affordable Care Act, health policy analysts say.
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What Oil Executives Want From President Trump
Tariffs, tax credits and deregulation are among the industry’s top priorities.