Global Trade Alert
Global Trade Alert

United States of America (State of California): Tax credit for the TV series “Forever 1”

Announcement

17 Apr 2023

In April 2023, the California Film Commission announced that the TV series "Forever 1", produced by Netflix Production LLC, received a tax credit under the Film and Television Tax Credit Program 3.0.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

17 Apr 2023

Revocation date:

No revocation date

Tax or social insurance relief In force

On 17 April 2023, the California Film Commission (CFC) approved a USD 12.1 million tax credit for Netflix Production LLC for their new TV Series “Forever 1”. The tax credit is awarded under the Califo...

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