100% Tax Deduction For Alternative Investors

Filed in archive Hedgetalk on February 7, 2008

Yuri Rutman's Noci Pictures Entertainment is shooting a slate of films in Illinois using a hybrid of tax, finance, risk minimization and exit strategies that offer dollar for dollar Federal Tax Deductions and state income tax credits.

"I don't know of any other alternative investment that can offer tax incentives, multiple exit strategies, as well as giving back to the local economy, while being involved with the moviemaking process, Rutman states, "that would add to the long line of recent films either shot in Illinois or about to shoot including "The dark knight", the upcoming John Dillinger film with Johnny Depp and Christian Bale, as well as a lot of other Hollywood films."

The American Jobs Creation Act Of 2004, the 2004 enactment of Section 181 of the Internal Revenue Code of 1986 (the "Code") marked an unprecedented change in U.S. policy toward the phenomenon known as "Runaway Production".

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