Tax

Entertainment and Tax Partner Sky Moore was quoted in The Center Square, where he shared his perspective on California’s film and television tax credit program and its impact on studios and independent production companies.

Excerpt:

“That whole credit is designed to help the studios, so the short answer is the rich get richer,” Moore, who practices entertainment law at Greenberg Glusker, said. “It doesn’t really work for the independent film companies, so the truth is studios would have produced here anyway, probably. So in my humble opinion, all it is is a giveaway from California that increases the tax rate to everybody else, which is why everybody’s leaving.”