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New audit says Louisiana spent $800 million on film production tax credits over last 5 years

Posted on April 29, 2013 | Comments Off on New audit says Louisiana spent $800 million on film production tax credits over last 5 years
THE ASSOCIATED PRESS  
April 29, 2013 – 3:17 pm EDT

BATON ROUGE, Louisiana — A new audit says Louisiana shelled out $800 million over the last five years in tax breaks for the movie industry. The review released Monday by the Legislative Auditor’s Office suggests the state gets little back to its coffers for the expense.

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Comments Off on New audit says Louisiana spent $800 million on film production tax credits over last 5 years

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