Just two tax abatements, one for a Netflix production and one for a massive defense contractor, accounted for more than a quarter of the tax credits administered by Maryland in fiscal year 2019, according to the state’s recently released Comprehensive Annual Financial Report (CAFR). Knight Takes King Productions, the production company behind Netflix’s “House of Cards,” collected $7.2 million from Maryland Film Production Activity Tax Credit in fiscal 2019, per the CAFR. And Virginia-based…
from https://www.bizjournals.com/baltimore/news/2020/01/10/where-do-maryland-s-tax-credits-go-which-tolls.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/190182862747
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