Part II: Tax Credits Take Flight

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ECONOMY & BUSINESS
POLITICS & POLICY
TAXES,MONEY & GOVERNMENT
3 min read
412 words
Key Points
  • Hundreds of movies and TV shows filmed in Georgia since 2005 have drummed up more than $24 billion in economic activity.
  • Supporters trace the film industry’s local boom to tax credits worth billions of dollars.
  • Critics say film out-of-state companies benefit too much by selling tax credits to the tune of $2.9 billion since 2016.
Georgia’s film tax credits work somewhat like gift cards. Film companies rack up dollar amounts in credits from the state that can be applied to help pay what they owe in state taxes – depending on what productions spend locally to build sets, make costumes, book hotels and rent equipment. Read our Explainer story, “What Makes Georgia’s ...

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