Michigan’s Senate approved a bill yesterday to extend the state’s film tax credit program, which was limited and reduced in 2011 and set to expire in 2017. It’s now up to the House to decide whether to proceed. From...
- The Tax Policy Blog
- Bizarre Tax Credits and Deductions
Bizarre Tax Credits and Deductions
- Exemption for income of a person 100 years or older (New Mexico)
- Deduction of fund used to maintain an "exceptional tree"—tree designated by the local county arborist advisory committee (Hawaii)
- Deduction of any settlement money provided as a person persecuted by the Ottoman Turkish Empire from 1915 to 1923 (California)
- $50 tax credit for the permanent loss of two limbs (Oregon)
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