Whether it’s a TV show about changing someone’s life, an indie film about a Vegas crooner or an action movie about the hunt for a serial killer in the Southwest, production companies are raking in the chips to film their movies and TV shows in Nevada by qualifying for more than $5.1 million in tax breaks.

But they don’t keep the winnings to themselves. Companies transferred roughly $4.5 million of those tax incentives to other Nevada businesses in the last fiscal year, according to a draft report on Nevada’s existing transferable tax credit program.

As policymakers in Carson City consider reviving a proposal to substantially expand the incentive program to help develop a film studio campus in Southern Nevada, the annual report sheds light on how these tax breaks are used in practice.

Th

See Full Page