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Hooray for Hollywood, right here in Georgia

As many production companies don’t call Georgia home and have little tax consequence here, those film credits may be sold for 60-95 cents on the dollar to wealthy Georgians with significant tax liabilities, or bundled and sold as a tax shelter to larger groups of smaller taxpayers.

How Georgia Is Taking Over the Entertainment Industry

“We have the complete package,” Lee Thomas says. The Georgia Department of Economic Development’s deputy commissioner for film, music, and digital entertainment is enumerating the reasons the state makes for an attractive filming destination prior to and independent of the incentive.

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