Abstract: Study prepared by the Maryland Department of Legislative Services (DLS) to evaluate the State’s film production tax credit according to the following: (1) purpose for which the tax credit was established (2) whether the original intent of the tax credit is still valid
Micronomics was asked to quantify the economic impact of the 2013 Academy Awards on Los Angeles County. Based on our analysis, we have concluded that this event produced at least $67 million in immediate, identifiable benefits to Los Angeles County, including $1.5 million from out-of-
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