Wednesday, November 6, 2013

Final regulations on arts district, film tax credit

The Division of Taxation today posted two final regulations: 
  • One provides guidance on the sales tax exemption for the new statewide arts district, which takes effect December 1, 2013. Click here to view it.
  • The other reflects changes in state law involving the motion picture production tax credit (sometimes called the film tax credit). Click here to view it.