Comparison of Film Tax Credits Across State Lines

Abstract

In the United States, there are essentially three tax regimes when it comes to film tax credits. The United States currently does not have a federal filming credit, unlike Canada. Because of this, states have an open market to compete in which leads to a cutthroat competition. This paper will discuss the current regimes, how they work, and the benefits each has. The second half of this paper is a comparison of the most "successful" regime in Georgia to North Carolina. The conclusion focuses on how North Carolina can exploit weaknesses within the Georgia regime.