The House of Representatives has passed a sweeping tax reconciliation bill that makes significant changes to the U.S. energy tax credit regime.

On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). Tax-related proposals contained in the OBBBA would ...

With last-minute concessions and stark warnings from Trump, the Republican holdouts largely dropped their opposition to ...

Gavin Newsom reached out to President Doanld Trump on Monday with hopes that the two can pair up and create a $7.5 billion federal film tax credit to ... are produced in foreign lands." ...

In a win for House moderates and some Western lawmakers, the House bill strips language that would have allowed ... tightened tax credit restrictions for projects associated with foreign entities ...

Now, you have an incompetent, grossly incompetent governor that allowed that to happen," the ... An assignable 25% income tax credit is provided to production companies that expend at least ...

The president also positioned foreign productions as a national security ... Their proposals included expanding existing tax credits and bringing back ones that have expired.

By Abid Rahman International Editor, Digital Newsom’s proposal would see the federal government step in to boost film and TV production in the U.S. by modelling the tax credit on California’s ...

such as tax credits, for shooting in the U.S., which some foreign countries and cities already do as well as several U.S. states. But that would only impact one aspect of filmmaking, and some ...

Clark led the push to ensure that the IRS fulfilled tax-credit obligations to individuals and businesses ... On behalf of clients such as Popeyes and Burger King, Danon works with ambassadors and ...