Michigan Film Tax Incentive and Music Videos:Protekted Records featuring P-Live
Protekted Records (P-Live) Written by Hope Cobb Crenshaw for Michigan Movie Magazine Photography by Joe Gall and Diana Levine Unless you’ve been hiding under a rock (the size of Montana!), you know that Hollywood has arrived! It shouldn’t be a surprise to hear that the 42% Michigan Film Refundable Tax Credit also applies to the music industry. Everything from the wages the studios pay the big stars, to equipment & editing can be applied to this refund. That sounds good to me! Instead of a credit against taxes owed, this is a REFUND. Can you imagine receiving 42% of you’re expenditures for the year? That is a mind blowing idea. No wonder every buddy and their brother are arriving en masse. I imagine a caravan o’ trucks, trailers and limo’s speeding along America’s highways in a line that stretches as far as the eye can see! A modern age gold rush, straight to us! As you and I...