Jan 05 Why most filmmakers sell off their Georgia tax credits
11 ALIVE – In order to take advantage of Georgia’s film tax credits, most production companies transfer or sell them to other taxpayers.
The booming film industry has created a bustling financial market.
“A tax credit is really like a voucher,” said Ryan Millsap, who is the founder of Blackhall Studios. “We’re attracting the best kind of filmmakers – the kind of filmmakers who are funded, who know they’re going to finish and get rewarded.” Read more.