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*NEWS: The State of California has passed a set of tax incentives for filming! Click HERE for more information.* The Palm Springs Film Office and the Inland Empire Film Commission (IEFC), along with the support of the Palm Springs Film Alliance, support various incentives to help keep productions in California and in the Coachella Valley. It is now common knowledge that one of California's major sources of income, the entertainment industry, has been leaving the state in droves for greener pastures, taking with it revenue, taxes, jobs and professionals. Why? Statewide tax incentives, which can save a large production millions of dollars. There are less than ten states with no statewide incentives, and California is one of them. An example of how this has affected the Coachella Valley... A few years ago the feature film, "The Kingdom", was slated to be filmed in and around the Palm Springs area. It was a big budget production and would have had a local impact of approximately $80,000,000. Yes, that's 80 MILLION DOLLARS. Sheri Davis and Dan Taylor of the Inland Empire Film Commission had worked long hours setting up their stay, but near the start of the shoot they received a phone call saying that a decision was made for the production to move to Arizona. You can guess why. Arizona state tax incentives, which saved them millions of dollars. No Palm Springs local incentives could get near that. So, it is our belief that even though local incentives can be helpful for certain types of productions and are part of an overall set of incentives packages, it is statewide incentives that will have the most impact in keeping production in California, and, as a consequence, the Coachella Valley. | |||||||||||||
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