The plan which was endorsed by the U.S. Senate would provide tax breaks worth more than $470 million over the next decade for movie and TV producers that shoot in the United States, the paper said.
One provision in the bill would provide film and TV producers with the same tax deductions that American manufacturers such as General Motors Corp and Boeing Co receive for making their products at home, according to the paper.
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What Really Happened: Hollywood may benefit from U.S. bailout: LA Times
By mememan - Posted on October 2nd, 2008
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