Effective June 7, 2006, Washington has created a business and occupation tax (B&O) credit for persons making cash contributions to a Washington motion picture competitiveness program (MPCP). A survey is required once a year by any motion picture production receiving funding assistance. It must be turned in by March 31 following any year in which funding assistance was accepted. Credits will be allowed from July 1, 2006 through July 1, 2011.
(Ch. 247, Laws 2006)