The $1.7 trillion federal spending bill includes a new change that will curb the abuse of tax incentives for land conservation. Pictured, Montana. Mike Kemp | In Pictures Ltd. | Corbis Historical | Getty Images The $1.7 trillion federal spending bill includes a change designed to curb the abuse of tax incentives for land conservation. … Read more
Runaway film and TV productions that applied for California tax credits from 2020 to 2022 but were “ultimately denied due to lack of available funds” ended up spending nearly $1 billion in production costs outside the state. That’s according to the latest report from the California Film Commission, which makes a compelling case for greater … Read more
The US’s flagship green technology legislation breaches global trade agreements, risks a global “race to the bottom” on clean energy incentives, and could lead to retaliation, Brussels has claimed. In its first formal response on the Inflation Reduction Act, EU documents seen by the Financial Times state that the $369bn package of subsidies and tax … Read more
Breadcrumb Trail Links PMN Business The US is rolling out some serious subsidies to encourage consumers to choose a greener lifestyle, but Europeans already have a head start. Author of the article: Bloomberg News Ira Boudway, Fritz Habekuss and Todd Woody Passengers board a train at Berlin Central Station in June. Photographer: Krisztian Bocsi/Bloomberg Photo … Read more
The economic package passed by the U.S. Senate on Aug. 7 includes incentives for U.S.-based projects related to sustainable aviation fuel, a potential accelerant for more production of SAF. SAF today represents less than 1 percent of current jet fuel. Among the incentives in The Inflation Reduction Act of 2022 is a grant program for … Read more
The Tech Transparency Project, or TTP, a research initiative of the United States-based nonprofit watchdog group Campaign for Accountability, has released a report claiming crypto firms “provided little in return” for state governments offering financial incentives. In a report released Thursday, the TTP said that many crypto firms based in certain U.S. states have “reaped … Read more
Meetings & Incentives Worldwide strategic meetings consultancy Intent Strategy Group has partnered with simple meetings technology platform Bizly to integrate the latter technology into its larger meetings management offering. Called Simplified+, the offering creates an end-to-end platform that traffics simple meetings separately from complex meetings through a single intake form defined by the client. Simple … Read more
Just days before Rap Sh!t’s HBO Max debut, the Issa Rae produced comedy looks to be coming back for a second season and heading out to the Golden State. Penned by the Insecure co-creator and starring Aida Osman and KaMillion, Rap Sh!t was awarded over $12.6 million this morning in the latest round of small … Read more