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IFP Producers Series

Eye-Witness - Focus On Documentaries
April 4-5 & 18-19
Film Row Cinema
Columbia College Chicago
1104 S. Wabash, 8th Floor

Full series passes start at $125.
More information at: ifpchicago.org


MCAI

Podcasting and Original Music Scoring

Wednesday, April 1st
Tanner-Monagle Studios, 1120 N. Market St.

5:30 to 6:30 - Social Hour, Networking and Refreshments
6:30 to 8:30 - Presentations

Members and Students: Free
Non-Members: $5
RSVP requested: RSVP@MCAI-Milwaukee.org
David Connor will share an audio engineer's insights about podcasting and the future of advertising. He'll explore what it is, how it works, how its efficacy compares to major media and how to make it work for you.

Bob Monagle and John Tanner will present an interactive discussion about scoring original music for TV commercials, theater and long-form video. They will explore various topics about adding music to picture, including some of these intriguing teasers: "Hey, What's That Sound?," "Not Tonight, I'm Getting Killed By An Airplane" and "Puccini, Prog Rock Or Polka?" - basically sharing their expertise about everything original music from message enhancement, to talking composer talk, to pricing and workflow.


48 Hour Film Festival




Milwaukee’s 48 Hour Film Project is back!

Registration Begins: April 6
Filmmaking weekend: June 5 – 7
Film Screenings: June 10
Call Angie at 414-698-3509 or visit their website for more information.
48hourfilm.com


Film Incentive Counter Proposal

Amazingly, during a budget debate that raises taxes and fees almost everywhere around the state, proposals to give tax credits to film and video game companies keep coming forward. Tamara Grigsby (18th Assembly District - Democrat) in a March 19th letter to Mark Miller and Mark Pocan (Co-Chairs, Joint Finance) proposes per project caps, closing the non-resident loophole, and opening the credits to existing companies.

From the Proposal:

Currently due to the Department of Commerce's misinterpretation of the law, Wisconsin allows out-of-state employees paid through a payroll company to count as a "production expenditure" credit instead of a "salary and wage" credit.

If Commerce counted Mann's salary under "salary and wages" only the first $25,000 of Mann's Salary would have been eligible.

This proposal creates incentives for the hiring of Wisconsinites by limiting the credits to the first $50,000 paid to each non-Wisconsin resident employee.

Under this proposal no worker being compensated at or above $1 million is eligible for credits.

This proposal requires that a minimum of 35% of the project's total budget must be spent in Wisconsin to be eligible for the credits.

A cap of $15 million per project.

Opens the 15% investment tax credit to existing production companies.

Eliminates the non-refundable tax credit for sales tax spent on the purchase of tangible personal property and taxable services that were used directly in producing an accredited production.

Charges an application fee of 2% or $5000, whichever is less.

Require more extensive annual reporting. (Requires the Commerce Department to use financial tracking forms and permits standard to the industry.)


Even though this proposal ends the payroll company loophole, a company can still get a 25% tax credit for hiring a non-resident. The only difference is that the credits are limited to the first $50,000 of wages paid to each non-resident. This doesn't seem to put residents at much of an advantage. A company can still hire a crew person from Chicago and get a 25% tax credit. Unless that worker will be making more than $50,000 on that project there is no tax advantage to hiring a resident.

There is nothing in this proposal that puts Wisconsin rental companies at an advantage. Currently any money spent on rentals while in the state qualify for a 25% tax credit. It doesn't matter where the rentals came from, the equipment just has to be used in Wisconsin. A company can rent a camera package from California and use it in Wisconsin and get a 25% tax credit. Wisconsin would still be paying tax money that would not directly benefit any Wisconsin vendors.

The proposal wants to open eligibility to companies other than production companies. The intent is likely to allow rental companies, sound stages, etc. to claim a 15% investment credit; however, the language in the proposal reads, "as long as the purpose of the investment is for the making of accredited productions as qualified under the statutes, and meets the 50% test." In other words, there would be no change for most companies. Most productions in this state do not qualify for a tax credit. If you are a rental company, over half of your business would have to be with accredited productions or you would not qualify for the 15% investment credit.

If you read press accounts you may think that there were 26 or more productions that qualified for incentives, but an open records request with the Department of Commerce shows that in 2008 only 5 film productions qualified for the 25% tax credit and one of those has yet to begin rolling film. If this remains as the actual success rate of the program, it will be nearly impossible for a rental company or sound stage to qualify for the 15% investment tax credit. There won't be enough qualified productions to meet the 50% requirement.

The current system system does not attract commercial work and this new proposal doesn't seem to do anything to change that. Department of Commerce rules that make it very difficult for a commercial production to qualify were not addressed in this counter proposal.

There is a problem with a state that tries to be "film friendly" but doesn't make efforts to be "business friendly." Our elected officials have to realize that Wisconsin will not have a healthy business environment by offering tax credits to a select few while at the same time taxing and auditing businesses across the state. If the state feels tax credits, or tax cuts, attract business then that policy should be extended to more than just what they define as"production companies." Wisconsin needs a more consistent and welcoming attitude to businesses across the board.