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![]() In 2005, the Los Angeles City Council and Mayor reduced the business tax rates on creative talent in the entertainment industry. Special Tax Breaks for Entertainment Creative Talent: Additional background concerning this tax benefit can be reviewed in City Council file 10-1238, Entertainment Production Cap. For more information, visit the Office of Finance website. The minimum tax threshold has been raised from $2.5 million to $5 million, creating a significant reduction in taxes paid by all productions. The Los Angeles City Council and Mayor approved a reduction in the business tax rates charged for commercial, television, and film productions. Reduced Business Tax Rates for Entertainment Productions: The Board of Public Works, through the Mayor’s Office of Television and Film, has a dedicated Motion Picture and Television Manager. She is the FilmLA Contract Administrator and works with a designated staff person responsible for film issues within each City Department. Eva may be contacted at call her cell at 21. Board of Public Works' Office of Film and Television Production Los Angeles is serious about attracting and retaining the good jobs Hollywood brings to this region, therefore, the City Council and Mayor have approved the following entertainment industry incentives, all designed to retain and attract film, television, and commercial productions in the City. Many states and countries are competing to lure this industry and they are providing lucrative incentives. ![]() They come to see the Hollywood Sign, Grauman’s Chinese Theatre, Disneyland, Universal Studios, and the Hollywood Walk of Fame among many other film-related attractions. Tourists come from all over the world because of movies and Hollywood. In addition, the film industry brings in more than $100 billion in tourism. This economic engine brings over $30 billion to the State of California and supports over 200,000 jobs in the Los Angeles area. It hosts events, parties, and award shows that support theaters, hotels, restaurants, catering, apparel and flower shops. The entertainment industry is a catalyst for economic development because it supports thousands of service and supply industries such as advertising, print media, makeup, costumes, craft talent, and craft services. The glitz and glamour of this industry often get attention when the real showstopper is the high paying middle class jobs that support film and television. Los Angeles has long been considered the entertainment capital of the world home to studios, post production facilities, a myriad of outdoor locations and the most talented and well-trained creative and technical workers in the field.
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