Tax Credit Will Encourage New Spending and Job Growth in the North Star State

Duluth, MN (July 7, 2021) – After intense budget discussions and negotiations, the 2021 Omnibus Tax Bill was recently approved by both the House and Senate, and Governor Tim Walz signed on July 1.  The bill includes a Minnesota Film Production Tax Credit that creates a transferable tax credit of up to 25% on qualified in-state expenditures for TV/film production. Minnesota appropriates zero dollars on this program as the […]

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