‘Captain Marvel’ Gets Slice of $68 Million California Tax Break
The California Film Commission announced on Monday the eight films that will receive a share of $68 million in tax credits as part of the state’s Film & TV Tax Credit Program 2.0, and leading the list is Marvel Studios’ “Captain Marvel,” which will be released in 2019.
“Captain Marvel” will be the first Marvel movie shot primarily in California since “Captain America: The Winter Soldier.” It is one of three films with budgets of over $75 million receiving tax breaks in this round, along with “Midway” and “Island Plaza.” The original tax credit program only allowed breaks for films with budgets below $75 million. The current version is open to projects of any budget size, though credits apply only to the first $100 million in qualified in-state expenditures.
More to come…
Source: The Wrap