US EditionHollywood studios and unions call on Trump to offer tax breaks
- On Monday, major film industry groups and labor unions for movie professionals collectively appealed to President Trump in a signed letter, requesting tax incentives for films produced in the United States.
- This appeal followed President Trump’s May 4 announcement that he intended to apply a full tariff on imported movies to protect the domestic film industry, although the letter itself did not address this proposed tariff measure.
- The letter from the Motion Picture Association and unions noted that US film production has declined, shifting overseas due to incentives abroad, with Los Angeles shooting days at an all-time low last year.
- The letter highlights that over 80 nations provide tax breaks for production, which has led many projects that might have been filmed in the U.S. To move abroad, and it calls for federal tax incentives as a comprehensive, long-term strategy to bring more filming back to America.
- The letter thanked Trump for acknowledging production losses and suggested that a national approach with tax incentives would help return jobs and increase US market competitiveness.
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55 Articles
Jon Voight, Hollywood coalition asks Trump to consider tax incentives
(Reuters) -A coalition of American film industry unions and guilds, joined by veteran actor Jon Voight, has asked U.S. President Donald Trump to consider implementing tax incentives in his push to promote domestic film productions, according to a letter seen by Reuters on Monday. Along with Voight, the letter was signed by Sylvester Stallone and Teamsters union general president Sean O’Brien, among others. They call for Trump to support the incl…
Jon Voight’s Hollywood Coalition Asks Trump to Consider Tax Incentives, Too
A little over a week after the president caused an industry-wide scramble with his social-media post about tariffs, Hollywood advocates are calling on him to consider some Internal Revenue Code adjustments as well.
Unions and MPA Urge Trump to Back Hollywood Tax Deductions
A coalition of entertainment unions, joined by the Motion Picture Association, urged President Trump on Monday to support tax deductions that benefit the entertainment industry. The unions organized a joint letter to Trump, which was also signed by two of Trump’s three “special ambassadors” to the industry, Jon Voight and Sylvester Stallone. In the letter, […]
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