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Tuesday
Apr102012

Washington State B&O Tax Credits

Washington State has recently reinstated the "Motion Picture Competitiveness Program." This program offers a B&O tax credit to Washingtonians that contribute to a Washington motion picture competitiveness program. The credit is limited to the lesser of $1M or 100% of the contributions made by the person to a program during a calendar year. The motion picture competitiveness programs are designed to help bring film production to Washington State. The definition of a "motion picture" includes all types of video delivery including the internet.

The bill as passed can be found here.