The State of New Mexico "Economic and Fiscal Impacts of the New Mexico Film Production Tax Credit" report is ready.
The State Film Office, the film unions, and film professionals agreed last year to conduct an intensive study on the fiscal impact that the film incentives, and the resulting production, have on the State. This report is now ready.
It was our contention that the Tax Incentives are an economic boost to the state, and this study has confirmed just that. Please read, and let us know if you have any questions. We'll be following up with a more detailed commentary.
The report is available by clicking here.