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California's new incentive program for film and television entertainment purposefully focuses primarily on feature films and higher-budget productions for the tube, which tend to be job intensive.
The break comes in the form of a 20% credit against taxes for crew wages and spending on equipment and for services directly related to production costs in California. Salaries for actors, directors, writers, producers and composers--the above-the-line part of a film's budget--don't qualify. At least 75% of production days or three-quarters of a project's budget must be California-based.
The 20% credit applies to theatrical features budgeted …