Joomla! site syndication http://propworldusa.com 2009-07-04T17:26:54+01:00 http://propworldusa.com http://propworldusa.com/images/M_images/joomla_rss.png text/html 2008-01-04T23:00:00+01:00 http://propworldusa.com http://propworldusa.com/content/view/1/ We are fast becoming the number one source for the movie and film industries prop and site rentals. This project coupled with PutnamgreenPower.com a green energy company will be turning the Historic Cargill Falls Mill into New England's number one location for sight seeing, film studios, a wealth of tourism based shops, great boutique store sites, restaurants, cafes, etc. Prominently sited adjacent to the famous Cargill Falls in Putnam CT along thousands of feet of water frontage and rare architectural buildings dating from the earliest stone and brick mill structures to grand Italianate buildings we are the site for you. Our focus will be to become the one stop shop for your Real Estate, Cars, Airplanes, Lighting, Antiques, Art, Architectural, Garments, Oddities, if we don't have it we will find it. We will be building a comprehensive website with a huge amount of inventory rentable online. We thank you for working with us as we build this project. Kind regards, Greg A. Renshaw Showtime text/html 2008-01-04T22:17:38+01:00 http://propworldusa.com http://propworldusa.com/content/view/12/ What happens when you combine majestic shorelines, quiet meadows, old world architecture, bucolic town greens, mill town grunge, skilled crew base and 30% tax credits? What to do. Spend in excess of $50,000 in Connecticut for pre-production, production or post-production expenses on a qualified production and receive tax credits up to 30% of qualified Connecticut spending for goods, services and labor. No annual cap and no per-production cap. How to do it.First, an eligible production company submits a pre-application no later than 90 days after the first qualified production expense is incurred in Connecticut. Receive an eligibility certificate certifying that the production is a state-certified qualified production. Second, the eligible production company applies for a tax credit certificate no later than 90 days after the last qualified production expense is incurred in Connecticut. What you get. A non-refundable transferable tax credit certificate is issued to the state-certified qualified production. The tax credit may be sold and applied against the corporation business tax. It may be carried forward for 3 years. text/html 2008-01-04T00:00:00+01:00 http://propworldusa.com http://propworldusa.com/content/view/3/ Credits are rollingReselling film-tax credits is a fast-growing industry By ALEXANDER SOULE With movie productions having spent roughly $300 million in Connecticut since the enactment of a 2006 law establishing credits on taxes for up to 30 percent of movie expenses generated in the state, brokers are rapidly proliferating to resell those tax credits to corporations. By selling rights to their tax credits at a discount, cash-strapped production companies and their investors generate immediate revenue up front. By buying them, deep-pocketed corporations are able to reduce their tax bill dollar for dollar ­ at a discount. “I must admit ­ I didn’t think it would have this kind of an impact,” said Morris Banks, an attorney with Pullman Comley L.L.C.’s Hartford office who focuses on tax credit programs. “You can get a tax credit on the front end … Add to that the excitement of being involved in a movie production, and it is an opportunity that a lot of people want to take advantage of.” Publicly, Fairfield County commercial entities of all ilk have been touting themselves as “film friendly” locales for movie shoots, from idyllic Happy Acres Farm in Sherman to Greenwich’s posh Delamar Hotel. text/html 2008-01-04T00:00:00+01:00 http://propworldusa.com http://propworldusa.com/content/view/4/ The State’s Big Push to Be Hollywood EastMaking MoviesCONNECTICUT has lured a steady stream of filmmakers since it began offering lucrative tax credits last year. Now it has chosen its next project: keep the cameras rolling, and the revenue rolling in, by providing producers with trained, skilled technicians who live and work in the state.The House speaker, James A. Amann, a Democrat of Milford, announced this month the formation of a panel of college professors, film executives, lawmakers and tradespeople that will examine ways to meet the demands of the state’s growing movie and television industry.The veteran Hollywood producer Howard Baldwin, who co-produced “Ray” and is a member of the panel, praised the tax credit, which gives qualifying production companies 30 percent back on costs, but added that “what keeps them here are the crews.” Mr. Baldwin, who has a studio in New London and a house in East Lyme, said that while Connecticut was a great place to live and work, producers have to factor in the high cost of housing and feeding experienced film crews.Mark Whittaker, a member of Teamsters Local 191, said the tax credit program allowed him and other union members to work in their home state. This summer, Mr. Whittaker drove John Travolta around Redding as he filmed Disney’s “Old Dogs.” Mr. Whittaker said 75 Connecticut residents in his union made $3.5 million over the last 12 to 18 months working on films. “Connecticut can and will be a major player in this industry,” he said.To help the state get there, universities and colleges throughout Connecticut are considering changes to their theatrical and communication programs to cater to the film industry.Gary English, head of the dramatic arts department at the University of Connecticut, said that every student who graduates with a bachelor’s degree in fine arts moves to New York or California to pursue a career. He said if the state’s colleges made more of a commitment to film studies and production, the students might be more willing to stay in Connecticut. text/html 2008-01-04T00:00:00+01:00 http://propworldusa.com http://propworldusa.com/content/view/2/ Counties want state to sweeten the tax film creditBy Julie Moran AlterioTHE JOURNAL NEWS(Original publication: December 9, 2007)New York's tax breaks for making movies and TV shows in the state aren't keeping up with what the neighbors have to offer.That's the message that county lawmakers from the Lower Hudson Valley and elsewhere in the state are sending to Albany this week in a resolution calling for a review and overhaul of New York's tax-credit program for film and TV productions.The 15-member board of the New York State Association of Counties voted unanimously last week to put the film tax-credit program on its 2008 legislative agenda. New York State has lost both jobs and revenue because of its antiquated, noncompetitive tax credit policy, the resolution stated.New York's 10 percent tax credit - plus an extra 5 percent in the five boroughs - can't compete with more generous incentives in adjacent states, said William Ryan, chairman of the Westchester Board of Legislators and a leading voice calling for an increase in the film tax credit.Since Connecticut enacted a 30 percent tax break in July 2006, film and TV production companies have spent more than $400 million in the state - up from just $1 million in the first six months of 2006.More than two dozen movies were filmed in Connecticut this year. Director Steven Spielberg and stars such as John Travolta and Leonardo DiCaprio spent parts of their summer in the Nutmeg State.